How deluded we are when we think that when an important piece of legislation is introduced, policymakers carefully scrutinise it for some room for improvement. Indian democracy is good at passing progressive-sounding legislation that becomes unpopular later for poor implementation and a consequent feeling of letdown and therefore resentment. Often the problems of poor implementation that surface later stem from small mistakes in design that could have been corrected at...

-Live Mint The news that a parliamentary committee has rejected its proposed Bill must come as a jolt to the Unique Identification Authority of India (UIDAI). Reports say that the committee was concerned about duplication with the National Population Register (NPR), the technology, data protection, and the cost. This comes closely on the heels of the home ministry’s contention that UIDAI does not meet the “degree of assurance” required for NPR,...

French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...

Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...

-AP   A UN climate conference reached a hard-fought agreement Sunday on a complex and far-reaching programme meant to set a new course for the global fight against climate change for the coming decades. The 194-party conference agreed to start negotiations on a new accord that would put all countries under the same legal regime enforcing commitments to control greenhouse gases. It would take effect by 2020 at the latest. The deal also set...