Yesterday was the last day of the Auto Expo 2012 in New Delhi. It should have been the first day of ending our obsession with cars and instead, realise what this fascination is doing to our insides.  Over a decade ago, Delhi was a heroic city. It had successfully reduced air pollution by shifting buses and three-wheelers from diesel to CNG. But now, Delhi's residents are choking again. Recently, this paper...

-The Economic Times   All of us are bothered, or should be, about interminable delays in adjudication through formal legal systems. Gypsies are believed to have originated in India and there is a gypsy curse - may you have a lawsuit in which you are in the right. In 2010, there were 54,600 cases stuck in Supreme Court, 4.18 million in high courts and 27.89 million in lower (district and subordinate) courts. Pedantic...

India has scored 3.1 (down from 3.3 last year) on a scale - where 10 indicates very clean and zero, highly corrupt - of Corruption Perceptions Index (CPI). The CPI focuses on corruption in the public sector, involving public officials, civil servants or politicians.  The data sources used to compile the index include questions relating to the abuse of power and bribery of public officials, kickbacks in public procurement, embezzlement of...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...