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Wednesday, November 12, 2025
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Ilanomics

Why India needs ethical guidelines for social science trials after Abhijit Banerjee Nobel

RCTs will get more resources & interest after Banerjee & his partners’ economics Nobel. But the poor, on whom these trials will be conducted, need protection.

Cutting income tax is not the fix Indian economy needs. It’s slashing GST rates

Tax officials will try and collect more taxes to meet their optimistic targets. But that will have a further negative effect on consumption demand.

Cutting income tax and raising GST makes no sense. Both need to fall together

Before govt decides to do either, it needs to take a view about the macroeconomic picture. Is this a time for fiscal expansion, or for fiscal consolidation?

Smog towers for Delhi pollution are like paracetamol for dengue — won’t cure real disease

Supreme Court order to install smog towers in Delhi can be an experiment, but engineering solutions are just band-aid. The real problem is state capacity.

Tackling onion price rise leads to policy distortions, but it seems nothing will change

Onion is a seasonal crop, and offseason shortages result in sky-high prices in September-November each year. But politicians’ response creates more distortions.

High time Indian farmers are freed from shackles imposed by 1960s’ food-shortage mindset

India no longer has a shortage of cereals, but legacy of mid-1960s droughts has shaped the food economy. India doesn’t trust agricultural markets to work.

Bans can’t banish north India’s toxic air. It needs creative solutions and perseverance

The air crisis needs many creative solutions, including technology and citizen participation. SC order to pay farmers not to burn stubble is the first step.

Regulating Amazon, Flipkart is a shock Indian economy can’t afford now

Traders have blamed the likes of Amazon & Flipkart for poor Diwali sales and want govt to regulate them. But e-commerce is only a small part of retail business.

Fiscal stress offers Modi govt great opportunity to push disinvestment

Disinvestment receipts are budgeted at Rs 1.05 lakh crore for FY20 but until Aug govt earned just Rs 12,358 crore, or 12 per cent of budgeted amount.

This is the real culprit behind Delhi’s poisonous Diwali air and PM Modi has a fix for it

Groundwater depletion forced the Haryana & Punjab govts to delay the paddy crop, resulting in the rise in air pollution in Delhi & surrounding areas.

On Camera

BBC scandal: Britain’s elite establishment is rapidly sinking

The impact of all this upheaval is unmooring. We search for the BBC to confirm that Britain still exists and find it missing.

India’s factory data may get reality check in MoSPI’s new IIP plan, defunct factories to be dropped

MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.