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Yes, Delhi, it worked -Michael Greenstone, Santosh Harish, Anant Sudarshan and Rohini Pande

-The Indian Express The odd-even pilot reduced hourly particulate air pollution concentrations by 10-13 per cent. But for the longer run, a congestion-pricing programme may be better Delhi’s ambitious odd-even pilot experiment to reduce the number of cars on the road, and pollution in the air, has come to an end — at least for now. But the question remains: Was it successful? Answering this question is challenging. Air pollution data is...

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Raghuram Rajan: No one wants to go after rich and well-connected wrongdoer

-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...

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Odd-even scheme: In capital of entitlement, awareness, heavy fine drove ‘90 pc’ compliance -Apurva

-The Indian Express The jury may still be out on the short-term pollution control mechanism, but for the first fortnight of 2016, a majority of Delhi’s car owners persisted in following the policy. DELHI’S COMMUTERS are seldom known for their decorum. But for 15 days starting January 1, even with the odds stacked against Delhi, the road rationing policy gained traction, slowly but surely. The jury may still be out on...

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Green safeguards yield higher economic returns -Vinod Thomas

-The Hindu For growth to go forward, it must be environmentally and socially concordant. The launch of the Sustainable Development Goals (SDGs) and agreements in Paris finally signalled the realisation that we can no longer achieve our economic ambitions by endangering the environment and society. But even as countries agreed on the need to nurture sustainability, it has come under fire from the mistaken notion that doing so will slow the pace...

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From plate to plough: A new budget in the new year -Ashok Gulati

-The Indian Express The farmers are under severe stress, with profitability in farming falling alarmingly. FY17 budget must boldly address the agriculture crisis. Finance Minister Arun Jaitley and his team are beginning pre-budget consultations with various stakeholders for the upcoming FY17 budget. Generally, the consultations start with agriculture, slated for January 4. It’s good practice and courteous to invite farm experts and farmers’ representatives. Often, one finds these meetings full of anguish...

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