Democracy is, everywhere, a work in progress. Like many other countries, India has imposed electoral quotas to improve the political empowerment of women and racial-ethnic minorities – that is, it has a political system that requires women to be elected to certain leadership positions. These rules represent a form of affirmative action, but they also resemble a feature of our own Constitution that reserves space in the Senate for two representatives...
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Bonus Excesses and Outrage by Jaimini Bhagwati
Government and regulators need to focus on the systemic risk engendered by excessive compensation. As calendar year 2009 draws to a close, it is bonus season for the financial sector in the West. In the last several months, the need to cap bonuses and compensation packages has been extensively discussed in the context of limiting the future impact of the next financial sector breakdown. On December 9, 2009, the UK was...
More »Poor kids must sit with rich kids: HC by Utkarsh Anand
The concept of a “parallel” school for children from “weaker sections” of the society evoked strong words of reproach from the Delhi High Court on Wednesday as it pulled up Sanskriti School, primarily catering to children of senior bureaucrats, for making sub-classes even in education. “What do you mean by a parallel school?” a Division Bench of Chief Justice A P Shah and Justice S Muralidhar asked. “The children of...
More »How many mouths to feed?
It used to be a quip in the 1970s that estimation of poverty in India is stymied by the poverty of estimation. The other joke was that far too many economists and statisticians had prospered trying to estimate poverty! So, we have yet another estimate of poverty in India. Rural poverty numbers for 2004-05 are up from the earlier estimate of 28.3 per cent to 41.8 per cent — with...
More »The grand challenges of Indian science by RA Mashelkar
We need to recognise that there is no intellectual democracy; elitism in science is inevitable and needs to be promoted. The Nobel Laureate Richard Feynman had famously said, ‘the difficulty with science is often not with the new ideas, but in escaping the old ones. A certain amount of irreverence is essential for creative pursuit in science.’ The first grand challenge before Indian science is that of building some irreverence. Our...
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