Episode 10: Digital India

Big Brother is watching you, and you have no protection. There has been much hype about how 'Digital India' will transform our lives, but there are unseen elements to it that should make you worry. Devangshu Datta joins Amit Varma to discuss why it is so alarming that there are no laws in India to protect privacy and defend against data theft.

Also read: A Billion Indians With Their Pants Off -- Devangshu Datta.

Episode 6: Surgical Strikes

On September 18, 2016, a group of terrorists attacked an Indian army brigade headquarters near the town of Uri in J&K. Nineteen people died, and there was immense pressure on the Indian government to retaliate. The prime minister, Narendra Modi, eventually launched what he described as 'surgical strikes', meant to be a show of strength and resolve. Defence analyst Pranay Kotasthane joins Amit Varma to discuss the Seen and Unseen effects of these surgical strikes.

Episode 4: Immigration

The history of humanity is the story of an Expanding Circle: one in which the world gradually gets more and more globalised, and the movement of goods and labour becomes more and more free. But recent years have seen the rise of populists who, among their many follies, are suspicious of immigration. America, a land built by immigrants, just elected a demagogue who prefers walls to bridges.

 

In Episode 4 of The Seen and the Unseen, Amit Varma discusses Immigration with Shikha Dalmia. Are the demagogues right about immigration being a bad thing? Do immigrants take jobs away from locals? Are they a strain on resources? Should we build yuge walls?

 

Also read: Dalmia’s piece for Reason, ‘An Argument For Opening America’s Borders’ (pdf link).

Episode 3: GST

There are two kinds of diversity in India, one good, and one not so good. Our greatest strength is our diversity of people and cultures and languages. But one of our great weaknesses is our diversity of taxes, across states and regions. We have so many different kinds of taxes that the cost of compliance is the most daunting cost for many businesses, and corruption is out of control. Also, taxes create friction in trade, and the costs are borne by consumers and businesses alike. It’s a negative-sum game.

The Goods and Services Tax (GST) was supposed to be the panacea that would get us out of this mess. While India has been one country since 1947, it hasn’t been one market, and the GST was expected to get us to that promised land. It has been many years in the making, though, and has become more and more convoluted in the process of political and bureaucratic negotiation. Thus, while the Seen Effects of a perfect GST would normally be excellent, the potential Unseen Effects of the GST in its evolving form could be quite messy.

In Episode 3 of The Seen and the Unseen, Devangshu Datta takes Amit Varma through the nuances of the GST and their possible implications.

Episode 2: Demonetisation

On November 8, 2016, India’s prime minister Narendra Modi announced that 500- and 100-rupee notes would cease to be legal tender from midnight that day. This removed 86% of the cash from circulation, an unprecedented event in human history. Demonetisation, as it was then called, or DeMon or Notebandi as it is also known, had humanitarian and economic effects that might take years to play out. In episode 2 of The Seen and the Unseen, Amit Varma is joined by Suyash Rai, an economic analyst from Delhi, as they examine whether demonetisation achieved any of its intended effects, and try to come to terms with some of its unintended (but foreseeable) consequences.

Both Varma and Rai have been early critics of this demonetization, and have written extensively on the subject. Some of their pieces:

Narendra Modi Takes A Great Leap Backwards—Amit Varma, The Times of India, November 20, 2016
The Humanitarian Cost Trumps Any Economic Argument—Amit Varma, India Uncut, November 24, 2016
The Rise and Fall of Emperor Modi—Amit Varma, Hindu Business Line, November 25, 2016
Three Reasons Why A Cashless Society Would Be A Disaster—Amit Varma, The Times of India, December 18, 2016
Narendra Modi Makes Some New Year Resolutions—Amit Varma, The Times of India, January 1, 2017

Tackling Black Money—Suyash Rai, NIPFP, November 17, 2016
A flawed policy: The real problem with demonetisation is not just in implementation—Suyash Rai, Scroll, November 22
The Demonetisation Decision: Event, Impact, Narrative and Meaning—Suyash Rai, The Wire, December 4, 2016

Follow them at their Twitter handles, @amitvarma and @suyashrai.

 

Episode 1: Entry and Exit in Agriculture

India has a panoply of laws that prevent corporations from getting into farming, and which prevent farmers from escaping agriculture, by virtue of not being able to sell their farm land for non-agricultural purposes. The Seen Effect of this is that they are protected from exploitation by rapacious capitalists. But are the Unseen Effects worse?

Amit Varma is joined by guests Pavan Srinath and Karthik Shashidhar, who explain that a key reason why Indian agriculture is in such a dreadful state today is the bad laws governing it set by different governments.