-Live Mint Economic transformation calls into question whether family-based support will continue over the next century Many of India’s growing elderly population face serious financial challenges. It is imperative that India institute a long-term strategy to strengthen the economic security of the elderly. While steps have been taken to provide pension security for some citizens, India still has a very long way to go to prepare for the future.   As a very...

A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the Importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...

-Live Mint   Rights laws offer an Important lesson for the new government: you cannot legislate your way out of state failure It is well known that the Indian state suffers from a serious crisis of implementation capability. So deep is this crisis that it cannot even reliably perform the most routine tasks like moving money and getting employees to show up at work. So, it is hardly surprising that rights laws have...

-The Telegraph New Delhi: India's health ministry will tomorrow release the country's first-ever rulebook on tuberculosis that medical experts hope will help curb wrong treatment in the private sector and improve results in public-sector clinics. The Standards for TB Care in India (STCI) prescribe ways to diagnose and treat the disease, a bacterial infection that requires multiple drugs to be administered for at least six months - and up to two years...

-The Hindu Differences over intellectual property rights (IPRs) have emerged as a strong undercurrent in India's economic relations with the U.S. The attempt by the influential pharmaceutical lobby to stymie India's efforts to ensure the supply of medicines at affordable rates without violating existing treaty commitments, requires a principled response from New Delhi. At the core of the issue is what Columbia University Professor Arvind Panagariya calls "the hijacking of...