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    Ep. 91: IL&FS and the Indian Financial System

    Ep. 91: IL&FS and the Indian Financial System

    FromThe Seen and the Unseen - hosted by Amit Varma

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    Ep. 91: IL&FS and the Indian Financial System

    FromThe Seen and the Unseen - hosted by Amit Varma

    ratings:
    Length:
    70 minutes
    Released:
    Oct 22, 2018
    Format:
    Podcast episode

    Description

    The crisis at IL&FS reveals just how rotten India's financial system is. Vivek Kaul and Ashutosh Datar join Amit Varma in episode 91 of The Seen and the Unseen to demystify the problem. Also check out: DeMon, Morality & the Predatory Indian State -- Episode 85 of The Seen and the Unseen The DNA of the NPA -- Episode 32 of The Seen and the Unseen It's Time to Stop Buying LIC Policies -- Vivek Kaul LIC Should Not Rescue IL&FS -- Vivek Kaul Slay This Indian Hydra -- Andy Mukherjee How IL&FS Was Enriching Itself at Public Cost -- Sucheta Dalal IL&FS: The debt pyramid -- Samar Srivastava
    Released:
    Oct 22, 2018
    Format:
    Podcast episode

    Titles in the series (100)

    All public policies -- indeed, all actions by humans -- have two kinds of effects: the effects that are intended, and visible; and unintended consequences, which are invisible. The Seen and the Unseen is a podcast that aims to examine both the seen and the unseen effects of our actions. Presented by Amit Varma (a journalist for a decade-and-a-half, and winner of the prestigious Bastiat Prize for journalism in 2007 and 2015 -- the only person to win it twice), the show takes on a specific public policy in every episode, and dissects its seen and unseen effects. For example: the ban on surge pricing by Uber in Delhi. What is seen is that Uber no longer costs so much; what is unseen is that you cannot get an Uber at all, because of the scarcity that is a direct result of the price control. The host explains the economic reasoning at work, and talks to an expert who breaks it down further. The host will have a panel of experts at his disposal, from a variety of disciplines, and will speak to a relevant expert in every episode. Subjects covered will range from broad ones like the state of education in India, to narrower ones like the banning of 'victimless crimes' like prostitution and gambling.