Regulating Political Parties and Opaque Election Finance

Elections are to democracy what financial markets are to the economy. Elections channel the flow of political power, from the people to the government via political parties, which act like asset management companies in financial markets, enhancing market contestability and assuring stability. The absence of an omnibus law to regulate elections and political parties in […]

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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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Sculpting new age power utilities

Electricity is at the core of a digitized India. The digital world was brought home to the average citizen via liberalization of telecom in 1995.  A near universal shift from low access in fixed telephony to near universal mobile connectivity for 1 trillion adults, including net connectivity for two thirds, illustrates the impressive results achieved […]

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Indian utilities are babies which should go with their bath water

Some babies never grow up.  Vodafone Idea is one such fat, old, baby which is now crying for help. That the agreements for Telecom Licensees are badly worded is obvious from the unintended Kafkaesque consequences emanating from the strict legal interpretation by the Supreme Court.  Indian utility regulation deeply flawed Sadly, this is not the first […]

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Early shoots of reforms revival

Amid the doom and gloom of the world economy, there are encouraging signs that the Indian government is now taking tangible steps to reverse the worst aspects of the slowdown in India. Ministers take the lead This is a huge step away from the collective “Nelson’s eye” which was being turned to the crisis earlier. […]

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