-Hindustan Times The NDA government has set an ambitious target of spending 65% of its annual rural development budget by June to tackle drought and unprecedented shortage of water across the country. * Why the high expenditure? As large parts of the country reel under acute water shortage, the government will spend almost 65% of its annual budget by next month to mitigate the crisis. * What does this mean? The firm focus of the...

-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 Indian Express Convert crisis into opportunity: Shift from supply side augmentation to demand side management. Scattered “mango rains” have brought a little respite from scorching heat in certain places. Earlier, IMD’s forecast of above normal monsoon rains had given some hope for forthcoming acche din. Yet, a sizeable part of India is still smouldering under the grip of a drought. Bundelkhand and Marathwada are just samples, but in reality more...

-The Indian Express Why the revival of exports matters as much as rains for Indian farmers. It is generally held that the woes of Indian farmers today have had largely to do with extreme weather events. The southwest monsoon failed in both 2014 and 2015. Besides, we had extensive crop damage from unseasonal rain and hailstorms over large parts of north, west and central India in March 2015. From this also follows the...