With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...

Alarmed by its proactive role, the three ‘pillars’ of our democracy set out to weaken the fourth estate Fundamentalisms do not necessarily announce their arrival by banging a hammer on our heads. Freedoms are often lost in little steps. The process creeps in quietly but insidiously. The path is often complex and defies a simple narrative. But here’s a straightforward fact: a concerted attempt is being made to censor, control...

Fighting cancer has just become less expensive for millions of Indian patients. More than 12 years after he electrified the pharma industry by taking on powerful global giants in his quest to supply cheap anti-AIDS drugs, Cipla promoter YK Hamied is back donning the role of a price warrior. This time, his attention is on anti-cancer drugs. On Thursday, Cipla cut prices of key cancer drugs by nearly 75%, an astounding,...

Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...

-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...