Episode 40: State of the Economy

 

Many of the things wrong with India's economy today are Unseen Effects of Demonetisation and the botched design of GST. Vivek Kaul join joins Amit Varma in episode 40 of The Seen and the Unseen to take stock.

Also see: 

Episode 2: Demonetisation
Episode 3: GST (Goods and Services Tax)
Episode 28: GST Revisited
Episode 32: NPAs (Non-Performing Assets)
Amit Varma's Twitter thread with links to all his pieces on Demonetisation.

Episode 23: Public Sector Banks

In 1969, Indira Gandhi carried out a wave of bank nationalisations with some excellent stated intentions. But what were the Unseen Effects? Mumbai-based economist Kumar Anand joins Amit Varma to discuss the structural flaws in the very concept of public sector banks.

Further reading:
Denationalisation of Banking in India -- Kumar Anand
Raghuram Rajan Committee Report on Financial Sector Reforms
PJ Nayak Committee to Review Governance of Boards of Banks in India