-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...

-Frontline SHUBHANKAR DAM, Assistant Professor of Law at Singapore Management University School of Law, is the author of Presidential Legislation in India: The Law and Practice of Ordinances (Cambridge University Press, 2014), which has received wide acclaim among scholars of constitutional law. Against the backdrop of his insightful critique on the necessity of ordinances in a democracy, Professor Dam discusses in this interview the recent controversy triggered by the Bharatiya Janata...

-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

-The Indian Express It was an Interesting discussion. The subject was the recent ordinance promulgated by the government of Rajasthan banning men and women without a Class X certificate from contesting zila parishad and panchayat samiti elections. To contest at the sarpanch level, a candidate will need to have passed Class VIII (Class V in tribal areas). In this state, with a particularly poor record of literacy among women, tribals and...

-FirstPost.com One of the fears that has been raised in the aftermath of the government promulgating an ordinance to amend the Land Acquisition Act is that land will be taken away for other purposes and given that, the amount of land used for farming will come down dramatically. This is a very specious argument that is being made. Data from World Bank shows that around 60.3 percent of India's land area is...