-The Indian Express We have, indeed, entered a regime of “permanent surpluses” in most crops — a reality our policymakers are unable to grasp, stuck as they are in the era of the Essential Commodities Act. If there is one thing that has changed in Indian agriculture in recent times, it is supply response — the ability of farmers to increase production when prices go up. Traditionally, the supply curve in most...

-TheWire.in The government has fixed the insurance reimbursements for 1,354 medical procedures under its massive new scheme. They say they won’t revise this any further. New Delhi: Despite protests from the private health sector, that the government’s reimbursements to them under the massive new health insurance scheme are too low, the government has “frozen” these rates and is unlikely to change them. “The package rates are now frozen,” said health secretary Preeti Sudan. Dinesh...

-Hindustan Times Contractual in nature, the lateral entry of experts should not alarm civil services unions. At the same time, it must be ensured that the policy is not misused for political purposes. The government’s decision to recruit 10 senior bureaucrats through lateral entry is, in principle, a bold and long-overdue step. The Indian state apparatus suffers from three key deficiencies. Contrary to the widespread impression that it is bloated, the government...

-The Telegraph New Delhi: The Congress on Monday asserted that boastful claims and sermons on the economy after the completion of four years of the Narendra Modi government were of little value as the lives of ordinary people had worsened because of reckless decisions and administrative incompetence at a time when the global economy was looking up. Former finance minister P. Chidambaram said at a news conference: "The RBI's Consumer Confidence Survey...

-The Economic Times The world’s oldest networked infrastructure, money, is increasingly dematerialising and fusing with the world’s latest networked infrastructure, the Internet. As the network effects compound, disruptive acceleration hurtle us towards financial utopia, or dystopia. Our fate depends on what we get right and what we get wrong with the law, code and architecture, and the market. The Internet, unfortunately, has completely transformed from how it was first architected. From a...