-The Hindu The public now sees the Internet not just in market terms, but as a social phenomenon that requires public interest regulation. In its aggressive campaign for Free Basics, couched in simplistic developmental language, Facebook underestimated the political sophistication of the Indian public. It must be regretting it now. The social networking service’s reportedly Rs. 100-crore campaign, through double full-page newspaper advertisements, billboards and television, appears simply to have congealed public...
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Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Farm policy needs to change with the times -Nilabja Ghosh
-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...
More »Free, not fair -Sukumar Muralidharan
-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is called — is granted a tent of its own, financed...
More »Destruction of the Doha Round
-Economic and Political Weekly India plays a poor hand at the World Trade Organization's negotiations. The idea that there is no longer a sharp divide between the global North and the global South has been disproved in ample measure by the decisions taken last month in Nairobi at the 10th ministerial conference of the World Trade Organization (WTO). The essence of the final communique is that the 14-year-old Doha “Development” Agenda (DDA)...
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