Give Quote by Arun Jaitley
“The concept of UBI (universal basic income) is a good concept and when Arvind Subramanian had started it, I told him that Indian politicians will say continue the existing subsidies and give this over and above.”
About This Quote
Source Interview: Economic Policy Discussion, India, 2015
Universal basic income is praised but political reality may favor expanding existing subsidies rather than creating new cash transfers.
In simple terms: BI may be preferred over existing subsidies.
Key Takeaway
Consider political feasibility when proposing UBI.
Themes
economics
politics
social policy
Mood
skeptical
pragmatic
Type
policy
analysis
When to use this quote
- government budgeting
- public welfare design
- political campaigning
Key Concepts
universal basic income
subsidy reform
political incentives
Questions to Reflect On
- How can UBI be framed to gain political support?
- What alternatives could achieve similar goals?
A Different Perspective
Political resistance may dilute the intended impact of UBI.
