Economy

stone carving silicosis

Temple carvers unite against scourge of silicosis

Pindwara, a small town in Sirohi district of Rajasthan, is the main hub for India’s temple-building industry. In the past three years, this sector has been found to spread fatal disease and death through silicosis among men, some as young as 19 years. The Swaminarayan sect’s imposing Akshardham temple, Bihar and Jharkhand’s Jain mandirs, renovations…

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 …

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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 …

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