-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man."  This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...

-The Hindu The pact will have framework on pledges by countries Paris: As talks on the text of the Paris agreement began on Tuesday, Indian negotiators said they were introducing provisions in it for a technology and financial mechanism that will make it possible to raise low-cost capital and widely deploy renewable technologies. On Tuesday, the focus was on making technological collaboration written into the Paris deal, Ajay Mathur, Director-General, Bureau of Energy...

-The Hindu The observation by the Supreme Court that political leaders should not take criticism as a personal insult highlights a particular kind of intolerance that is rarely referred to in the ongoing debate on the subject: the inability of public figures to tolerate criticism and their repeated resort to criminal defamation proceedings to stifle adverse comment. Nothing exemplifies this as much as the 100-odd prosecutions launched by the government of...

-Hindustan Times If you thought climate change was only about melting glaciers and sinking islands, you have underestimated it. A report by C40, a global network of 82 megacities--including Delhi--committed to fighting climate change, says that at least 70% of these urban centres are already affected by climate change. Not all of them are coast or hill towns. As population is increasing in these megacities, rising pollution, growing congestion and mounting waste...

-Livemint.com A large number of central schemes end up curbing the autonomy of States In some ways, the thunder of finance minister Arun Jaitley’s first full-year budget was stolen by the Fourteenth Finance Commission (FFC) report. Released just a few days before the budget speech was made, the FFC brought in significant changes in state-centre finances by increasing the devolution to States from 32% to 42% of the net Union tax...