-Live Mint Despite its importance, reform of India's legal institutions has been seen as a ‘second order' issue India is a young nation long ruled by old laws-its police, for example, are governed by such colonial-era statutes as the Police Act of 1861, which predates independence by nearly a century. And its expanding economy requires forward-looking regulatory mechanisms to foster markets while curbing crony capitalism. India is also a nation that must...
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Climate change may increase cost of cereal and household basics -Heather Saul
-The Independent The impact of climate change could increase the price of breakfast cereal and other household foods, a report by Oxfam has claimed, which found Kellogg and Nestle are among the world's 'Big 10' food and drink companies who emit more greenhouses gases than Nordic countries combined. In their report, Oxfam called on the major food and drink companies to do more to tackle climate change after it found that...
More »Story of a fraying capitalism-Ashoka Mody and Michael Walton
-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
More »What development? For whom?-Chapal Mehra
-The Hindu Development is as much a process of providing services as of removing obstacles and giving freedom from all sorts of discrimination. In what is perhaps one of India's most communal, polarising, divisive and personalised election campaigns, we are told far too often that this election is really about development. Yet, none of the political parties clearly defines development either in their speeches or in their manifestoes. So, what do they...
More »Be selfish—Fight climate change
-Bloomberg Countries should tackle climate change out of self-interest Climate change is already contributing to sea-level rise and flooding. Droughts and storms are growing more intense. Ice caps are melting; snow cover is diminishing. And the ocean is becoming more acidic. These changes threaten human food supplies, even as the global demand for food increases, and the problems can only be expected to worsen in the decades ahead, as will their ripple...
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