-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...

-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

-Frontline SHUBHANKAR DAM, Assistant Professor of Law at Singapore Management University School of Law, is the author of Presidential Legislation in India: The Law and Practice of Ordinances (Cambridge University Press, 2014), which has received wide acclaim among scholars of constitutional law. Against the backdrop of his insightful critique on the necessity of ordinances in a democracy, Professor Dam discusses in this interview the recent controversy triggered by the Bharatiya Janata...

-FirstPost.com One of the fears that has been raised in the aftermath of the government promulgating an ordinance to amend the Land Acquisition Act is that land will be taken away for other purposes and given that, the amount of land used for farming will come down dramatically. This is a very specious argument that is being made. Data from World Bank shows that around 60.3 percent of India's land area is...

-The Telegraph New Delhi: A panel appointed by the Supreme Court has suggested that government advertisements stay politically neutral and avoid glorification of political personalities, positive portrayals of the ruling party or negative projections of the Opposition. It has said that governments should cut down on ads particularly before and during elections, and must not be seen as using ads to patronise media houses to secure favourable coverage. The court asked the Centre...