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There is a fundamental problem of demand today. At the core of it is incomes that aren't rising enough -Harish Damodaran

-The Indian Express The certainty that producers once enjoyed — of finding buyers for their wares without doing much beyond minor price adjustments to bring supply and demand into equilibrium — has ceased to exist. India traditionally never had a demand problem. On the contrary, its economy was always supply-constrained. Proof of no demand paucity is that between 2000-01 and 2015-16, domestic consumption of both finished steel and cement roughly trebled, from...

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Lessons by Shamnad Basheer -Nandini Khaitan

-The Indian Express How an affable, erudite professor influenced everyone around him. The first time I met Shamnad Basheer was at a patent conference in Mumbai in 2007. He was wearing a light-blue linen suit (always ahead of the curve, be it law or fashion), looking more a GQ model than a professor who had helped organise a first-of-its-kind patent conference in India. There was also an exhibition moot court to...

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Incisive interventions that blunt the RTI's edge -Suhrith PARThasarathy

-The Hindu With the kernel of the Information Act under threat, the independence of the information commission is in peril When we describe India as a democracy what do we really mean? Are we referring merely to a system of popular sovereignty founded in universal adult franchise? Or are we suggesting something more — perhaps an assurance, grounded in the Constitution, of a set of rights, of the rights, among others, to...

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Jammu and Kashmir: BJP wants some curbs to be put on 'outsiders' over land, govt jobs -Arun Sharma

-The Indian Express Senior BJP leader Nirmal Singh told The Sunday Express that they want a safeguard like a “domicile” certificate, so as to “protect the interests of locals in respect to land and state jobs”. Jammu: Less than a week after the abrogation of ARTicle 370 by the Union government, and scrapping of ARTicle 35A which extended special privileges to the people of Jammu and Kashmir, the local BJP wants...

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Business leaders seek Rs 1 trillion govt stimulus to revive economy

-PTI Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours. Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restART investments and revive the economy. Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth. "The economy requires a critical intervention by introducing a stimulus package. We have...

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