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Author: JayEnAar

DeMonetisation and Digital Payments

DeMonetisation did not promote the uptake of digital transactions Driving India towards a less-cash, digital payments economy was one of the aims claimed by the Prime Minister when he invalidated 86% of India’s circulating currency. The reasoning was that India was a largely cash-based economy; if circulating cash was reduced, people would rapidly move towards …

India’s Great Leap Forward

A year on the Prime Minister’s Great Idea may have turned out to be a dud Mao ZeDong’s Great Leap Forward [1]  has to be the most outstanding example of the devastating harm from the unintended consequences of a state policy that aimed to modernize and develop an entire country.  It resulted in the deaths …

Citizens or Subjects

Modi and Adityanath interacting with people at Shahanshahpur varanasi

Many of the problems and issues in India – witness the political debate and the controversies that are so rife on twitter and other social media – are to do with either the relationship between people and the state, or the fine balance between the competing rights of individuals and communities. It may be a …

Misusing Statistics

Apologists for Prime Minister Modi’s Demonetisation policy are now claiming it led to a  big rise in direct tax revenues for Financial Year (FY) 2016-17. See, for instance this from Swarajya:  Does this stack up? The obvious logical flaw in this line of reasoning is the well-known ‘Post hoc ergo propter hoc’ fallacy. This is …