-Business Standard R Nagaraj, professor at the Indira Gandhi Institute of Development Research (IGIDR), had disputed the Central Statistics Office (CSO) methodology on non-financial private corporate sector, which is a segment in the new GDP data. His criticism was mainly on the ground that CSO altered the methodology in 2015 from what was agreed on by a sub-committee, in which Nagaraj was a non-official member, in 2014. CSO gave a rejoinder...

-The Indian Express Niggling procedural hassles stymie efforts to modernise antiquated labour regulations.   As it completes one year in office, the NDA government seems to have finally bit the bullet and taken up the controversial Industrial Disputes Act, 1947, for amendments that would allow easier retrenchment and closure norms for firms with up to 300 workers though ensuring that the employees get higher compensation in return. The draft code on industrial relations has...

-Economic and Political Weekly Ten years on, the progressive provisions of the amended Indian Patents Act are being watered down. Ten years have passed since the Indian Patents Act, 1970 was amended in 2005 to bring the country’s laws in line with the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The most important of the 2005 amendments was the introduction of product patents for 20 years, including for pharmaceutical products,...

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

-The Indian Express The debate on the land acquisition bill and the tragic suicide of a farmer in Delhi compel us to reflect on a theme of enduring significance: the role of agriculture and farmers in development. What has the historical experience all over the world been? How is India’s agrarian narrative different — or identical? What can India learn from international experience? Many years ago, I wrote a book, Democracy, Development...