Economic Reforms in India: GST and Demonetization

This week BBC Hardtalk’s Stephen Sackur interviews Kaushik Basu, the former chief economist at the World Bank and economics advisor to the Indian government for the latest in the Rising Powers and Interdependent Futures podcast series.Basu discusses the implications of India’s incredible growth, but ballooning inequality. At the top end, salaries are close to those in OECD countries, while the country is still home to more people living in poverty than any other. He talks about the culture of corruption within India, the enduring bureaucratic legacies of British rule and the effects of de-monetisation on society.

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Intro music Anna Banana by Eaters