-The Hindu Intellectual property accelerates innovation in certain technology sectors, but it impedes innovation in others. The biggest flaw of the new policy is that it does not acknowledge this. Intellectual property (IP) regimes suffer a classic paradox. While they attempt to encourage innovation and creativity, they have themselves been shielded from innovation experimentation. For some years now, India has been attempting to break this mould and craft a regime to suit...

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

-The Hindu The politics of patronage and personality in the State has reduced the electorate to passive recipients of welfare. “The food is good. The place is clean. Actually, I prefer the cleanliness over the menu,” P. Divaraj chuckles. “The real reason I’m here is because it’s the end of the month and I’m running out of money.” A 10-minute walk from his office to Amma Unavagam on Santhome High Road in...

-The Hindu New Delhi: Farmers in eight States including UP, Gujarat and Rajasthan, will be able to sell 25 commodities online in 21 wholesale mandis from Thursday – the new platform hopefully fetching them better prices for their produce. “We have received proposals from 12 States for integration of 365 wholesale mandis. Of these, 21 mandis from eight States have been selected for the pilot launch,” Agriculture Minister Radha Mohan Singh said...

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...