Business lobbyists complain that a regulatory tsunami is on its way. But some firms are embracing the proposed reforms “WHEN people hear the word regulation, they feel stifled, delayed, and many times they believe that government is being intrusive,” said Hilda Solis, America’s labour secretary, on December 7th as she unveiled plans for 90 new regulatory initiatives to improve the lot of workers. If you doubt her word, try mentioning regulation...

We Indians implicitly believe in India’s great past. Recently, that past has been given a statistical underpinning by Angus Maddison. To celebrate the beginning of the 21st century, Maddison wrote a book called The World Economy: A Millennial Perspective. There he says that India was the world’s largest economy in the first millennium AD. It produced one-third of the world’s income in the first century, and 29 per cent in...

A possible link between hydraulic fracturing and pollution of groundwater supplies causes concern.  Environmental groups contend that governments have been slow to react and are not looking hard for contamination Gas companies use at least 260 types of chemicals, many of them toxic, during the hydraulic fracturing process Victoria Switzer dreamed of a peaceful retirement. Instead, she is coping with a big hassle after a nearby natural gas well contaminated her family’s...

The increase in the number of civil cases in a country is its social mascot, as it symbolises the abundance of law abiding civilised citizens accepting the authority of the judiciary to get their grievances redressed. Otherwise, they would have turned to self-retaliation or employed roughnecks, a usual practice in America and Britain enkindled by their criminal heritage, to enforce justice in their own way; hence all civil litigants may...

The convulsions that have gripped the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) — India’s flagship city development programme — with only three years to go for the termination of its assigned lifespan of seven years, is symptomatic of the country’s predilection to put politics above all other issues, including the vital ones. The Mission, aimed at pulling India’s 63 cities out of their dilapidation, which is somewhat reminiscent of...