Swati Sudhakaran 8th November 2016: The fateful day when carrying cash went out of style – our debit cards became our safe haven from the dark unknowns, unleashed by Demonetization. Having lived under the soft basking of cash transactions, the ATM … Continue reading This is what a cashless economy for millennials will look like
Deepanshu Mohan “The guiding principle in any attempt to create a world of free men must be this: a policy of freedom for the individual is the only truly progressive policy.” -Friedrich Hayek, The Road to Serfdom, quoted by Miller … Continue reading Promoting Economic Freedom as a Precursor to Economic Development
Shahana Chattaraj Narendra Modi is a leader with an urban vision. As the chief minister of Gujarat, he transformed Ahmedabad with an award-winning sustainable bus transit system and a ‘world-class’ river-front recreation space. Modi’s most ambitious projects in Gujarat are … Continue reading Are ‘Smart Cities’ Enough for India?
In view of the new ‘Make in India’ agenda of the Modi government, Aparajita Bharti argues for the adoption of the Regulatory Impact Analysis, a global practice to evaluate the costs and benefits of a proposed/existing regulation, that has also found favour in Planning Commission and other governmental reports.
With the new government in the driving seat and ‘Make in India’ high on its agenda, improving the regulatory environment for business is a top priority. This is, therefore, a golden chance for the government to introduce in India the practice of Regulatory Impact Analysis (RIA), which is followed worldwide to assess the costs and benefits of a proposed or an existing regulation.
The 12th five year plan (2012-2017) recommends the employment of RIA for both existing and future regulations that impact the business environment in India. RIA enables the governments to judge the efficiency of the proposed regulatory framework in creating a more competitive market vis-à-vis the compliance and enforcement costs that it puts on businesses and the governments. In some countries, RIA also includes an evaluation of other regulatory options (including self regulation) to judge the most effective way in which a near perfect market can be delivered to the consumers at the lowest cost. RIA is considered an important activity as it exposes compliance and other costs arising out of the new regulations, which are ultimately passed on to the consumer. It enables the governments to weigh these costs against the benefits that accrue to the consumers as a result of the regulation. Although RIA may come across as expensive, however, in the long run, it saves huge costs that are incurred because of an inefficient regulatory framework. Continue reading “Regulatory Impact Analysis: Hopefully, a prelude to ‘Make in India’”
Amid the rise of right-wing parties to governments across Asia, Apoorv Tiwari cautions against prematurely writing off the Leftist ideology. The past year has seen elections in several democracies in different parts of our complicated globe. Since the beginning of 2013, voters have exercised their franchise in South Asia (India, Pakistan, Nepal, Maldives and Bangladesh), the far-east (Japan, South Korea), and Europe (including national elections in several countries as well as the recent elections to the European Parliament). Despite the diversity in terms of culture, geography and issues across these elections, there have been two essential points of convergence. Firstly, … Continue reading The Global Rise of the Right
Raheel Dhattiwala examines a political phenomenon in Gujarat: the support of Muslims for the Bharatiya Janata Party (BJP) that many Muslims perceive as responsible for the brutal violence in the State in 2002 when at least a thousand Muslims were killed. The findings are based on 23 months of ethnographic fieldwork — in periods spanning three elections in 2010, 2012 and 2014 — and an analysis of 101 polling booths in Ahmedabad city.
The following article is a summary of a policy report by the author.
Are Muslims shedding their resentment for the BJP and voting for it? The potency of this question is greatest in context of Gujarat where it gained significance soon after the BJP’s political rapprochement with Muslims in 2009. This report attempts to answer why Gujarat’s Muslims would support the BJP, a party that many continue to acknowledge as having perpetrated violence against Muslims in the State less than a decade ago. In doing so, it examines the profile of the BJP Muslim supporter and what ‘support’ actually means.
Findings of this report are primarily based on in-depth fieldwork evidence spanning three election periods in Ahmedabad city (2010 to 2014). Indeed, interview evidence suggests an unprecedented surge in public support of Muslims for the BJP in this period. Motivations of support varied for those Muslims who had joined the party as members, from those who were supporters/campaigners for the party. For Muslim party members, political patronage of a party deemed to stay in power in the State was a strong incentive to vocally support the BJP as opposed to value rational incentives for the supporter/campaigner (“to get rid of our anti-national image we have to be with the BJP”). Common to both groups of supporters was the effect of personal experience of the violence. A Muslim with direct experience (e.g. death of a family member) of the violence in 2002 was least likely to voice support for the BJP.
At the same time, inferences drawn from 101 polling booths in seven assembly constituencies in Ahmedabad highlight a distinction between public and electoral support: more Muslims were likely to have supported the BJP in public only, than going out and voting for it as well. This is plausible given that anonymous referendum implies the possibility of public behaviour being distinct from electoral behaviour. The sample booth analysis suggests not more than 10 per cent votes were cast by Muslims for the BJP. This figure is not very different from Muslim voting for the BJP in Gujarat in the years prior to 2009. Of course, making ecological inferences from booth-level data has its own set of caveats, which further highlights the uncertainty of claims— “over 30 per cent Muslims voted for us”—made by the BJP from constituency-level aggregate figures.
Amid all the bad press the mandatory CSR has received, Akshaya Kamalnath and Ashrita Kotha attempt to demystify and look at the policy implications of the provision which is the first of its kind in the world. Although there is panic … Continue reading Mandatory CSR: A win-win?