-The Hindu Intellectual property accelerates innovation in certain technology sectors, but it impedes innovation in others. The biggest flaw of the new policy is that it does not acknowledge this. Intellectual property (IP) regimes suffer a classic paradox. While they attempt to encourage innovation and creativity, they have themselves been shielded from innovation experimentation. For some years now, India has been attempting to break this mould and craft a regime to suit...

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

-The Hindu Business Line Villagers are turning entrepreneurs by renting out their solar lamps Ibrahimpur duli village in Uttar Pradesh’s Faizabad district is on the electricity grid. But the power here is erratic. “It comes only at night around 9 or 10 pm with frequent shut downs,” says 54-year-old Ram Lallan who along with his wife Kusma Devi runs a solar enterprise to offer off-grid technology solutions to consumers in the region. The couple...

-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...

-The Hindu Business Line The best way to celebrate Ambedkar As we celebrate BR Ambedkar’s 125th birth anniversary, it is important to remember that his vision of economic equality for dalits is still a distant dream. He had told the Constituent Assembly on November 25, 1949: “We are entering an era of political equality. But economically and socially we remain a deeply unequal society. Unless we resolve this contradiction, inequality will destroy...