-The Indian Express "If we did not have a patent system, it would be irresponsible, on the basis of our present knowledge of its economic consequences, to recommend instituting one." So said Fritz Machlup, a wise American economist several decades ago. His words remain as true now as they were then. For, the patent system is one of the most faulty legal regimes that one could possibly have conceived. It purports...

The Hindu In the urgency to grant industry its due with promises of ‘Make in India,' the marginalised cannot continue to be victims of grave policy neglect and continuing alienation For some years now, the Ministry of Environment and Forests (MoEF)has been perceived as a roadblock to development or a facilitator for the industry depending on which side you are on. Former Union Environment Minister Jayanthi Natarajan's recent letter to Sonia Gandhi...

-The Hindu Business Line   Activists cry foul over ‘dilution' of the scheme New Delhi: On the ninth anniversary of the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the Government and civil society organisations locked horns over the scheme's "alleged" dilution. At a press meet, activists complained of a "systematic effort" on the Finance Ministry's part to "finish" the scheme step by step. They alleged that the Centre, citing that...

-The Hindustan Times The government has chosen the Ordinance route to put into force several legislative Bills over the past months. Many of these are expected to be tabled in Parliament in the upcoming budget session. HT explains four of them. What is an ordinance? As per Article 123 of the Constitution, when Parliament is not in session, the President has the power to promulgate an Ordinance - which has the same force...

-The Hindu Business Line The Subramanian panel report on environment regulation should not be accepted in a hurry Environmental governance in India is becoming increasingly contentious. Environmental quality is declining sharply on indicators such as air, water and forest cover. At the same time, there are calls for regulatory flexibility to enable pursuit of a "development agenda". One of the underlying reasons for the failure of environmental regulation has been the adhocism of...