Unshackle Indian retail e-commerce

Regulating the retail business in India is messy. State governments directly regulate trade and commerce within a state, whereas the Union government can intervene by legislating for specific products in public interest. The Union law prevails over commercial and industrial monopolies, combines, and trusts. The politics of retail Inter-governmental turf issues have dominated, since 2011, […]

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India’s infirm reforms path

Is India a market maker or a market taker? In financial jargon, “takers” buy or sell at the price available in the market whilst “makers” actively buy and sell, thereby molding the market price and making it liquid. Applied to sovereigns, the United States is certainly a “market maker” as is the European Union and […]

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The upside of farm laws repeal

The dominant view is dire on the impact of the proposed roll back of the three Farm Laws, enacted in haste in 2020, even as the pandemic raged. Opinion is divided whether it is proof of the government’s shallow commitment to deep reform or that it proclaims doom for agriculture, which has committed Hara-kiri by […]

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Renewing our future at Glasgow

In the world of venture capital, market share matters more than profits because scaling-up builds investor expectations. By this metric, renewable energy is already the future. India’s renewables share in total generation doubled from 5.6 to 11 percent over the past six years since 2015. A share of 25 percent is targeted by 2030 primarily […]

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Repurposing governance- trim the fat in state governments

The tragic snafu over making sufficient oxygen available to meet the spike in demand from COVID-related morbidity is a red flag for an underlying malaise—of overlapping mandates, state governments enfeebled by decades of Union government spoon feeding, and under capacitated local government. Sadly, state governments have voluntarily accepted this hollowing out of their core functions. […]

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