One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

-TheWire.in National trade policies can PLAy a complementary role but international trading rules that are being proposed to the WTO can constrain developing countries’ progress towards environmentally sustainable growth. As leaders proceed to Glasgow for COP26, the paramount issue remains how the world commits to a reduction in greenhouse gases. Climate adaptation will be an urgent agenda for developing countries. But to achieve their environmental goals developing countries need access to affordable...

-TheWire.in A new report has studied 17 alleged extrajudicial killings in the state between March 2017 and March 2018, and found that no police officers have been held accountable in any of them. New Delhi: A new report by civil society organisations has highlighted how a culture of impunity is allegedly being pushed at all levels after ‘extrajudicial killings’ in Uttar Pradesh, with the police regularly being let off the hook for...

-Hindustan Times According to the Delhi Police, while the blockades were being removed, there was still no confirmation on when exactly the movement of vehicles may resume. The process of removing blockades put up along the Tikri border on the Delhi side was reportedly underway to resume vehicular movement. The border has remained blocked for almost a year now since farmers launched their protest in the area against three centrally passed agri...

-The Hindu The RBI deputy governor reminded the industry that their customers often have lower level of financial awareness and literacy and ‘are often too desperate to turn away any source of credit’. Micro-finance lenders must refrain from chasing profits and introspect on the ‘negative consequences’ of pushing their borrowers into a debt trap, using harsh recovery practices and harassing customers as this could undo the sector’s progress, a top central banker...