-PTI India is a society that is poor, but is respected for its scientific temper and research, and "we should not backtrack on that," the former World Bank chief economist said. Mumbai: Amid a debate over incidents of lynching, noted economist Kaushik Basu has warned that social damages could have a long-lasting impact on the economy than some wrong policy moves, “such as demonetisation”. Delivering the 23rd Lalit Doshi memorial lecture here...

-The Indian Express Having discontinued funds for some welfare and freebie schemes launched by his predecessor, the chief minister claimed that his government was able to make provisions for the loan waiver by cutting down on “shashan ki fizulkharchi” (extravagant expenses of the government). Lucknow: The Yogi Adityanath government in Uttar Pradesh Tuesday presented its maiden Budget worth Rs 3,84,659 crore, 11 per cent more than the one presented by the previous...

-The Hindu Democracies are not sustained by obedient productive units in so-called knowledge-based economies. But that is precisely what the new National Education Policy envisages “Public policy,” according to Douglas Gomery, “is the making of governmental rules and regulations to benefit not one individual but society as a whole. It asks, what is the best way to conceive and evaluate policies aimed at the public as a whole and its various subgroups?”...

-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...

-Frontline The Living and Learning Design Centre in a Kutch village is about dialogue between contemporary designers and traditional artisans and about keeping crafts relevant. Kutch: “WHY here? Why a design centre of such sophistication in a small village off a highway?” The answer flashes in one’s mind at the same time: “Because that’s the most logical and relevant place for it.” The answer is validated a while later in a...