The return of peace and normalcy in Kashmir is a reality. And to ensure a durable and lasting peace, a humane approach to handle the law and order situation may be required. In a vibrant, democratic country, authoritarian ways of suppressing people’s voices prove to be counterproductive. It may be recalled that the law and order situation in Kashmir worsened in the aftermath of unfair and rigged assembly elections of 1987,...

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...

The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...

-The Telegraph   Law minister Salman Khurshid today unveiled a slew of bills to be taken up in Parliament’s winter session to demonstrate the government’s commitment to fighting graft, other than the Lokpal Bill that he said would address the “concerns of the common man”. The whistle-blowers’ bill, sports bill and the judicial accountability bills are among those on the agenda, the minister told a news conference in the run-up to the session...

-The Economic Times   What should be the agenda for national renewal? Should we discuss what should be done in individual sectors like agriculture, infrastructure, energy, etc., and plead before the rulers of modern democracy to accept some of our suggestions or should we focus on the decision-making processes itself, which exist in governance today? Who takes decisions in our 'democracy'? Who influences these decisions? Are these processes really democratic? Is lack of...