Policymaking

Enabling conditions for nuclear energy: Five key tasks for policymakers

Indian energy policy should create conditions where private firms may consider whether it is optimal for them to buy such equipment

X global affairs head Nick Pickles resigns after a decade long stint

It was not immediately clear what his next plans were, or why he made the decision to quit

Fractious politics can slow reforms, derail policymaking: Fitch Ratings

Fractious politics can slow reforms and derail policymaking, and contentious elections can encourage the prioritisation of short-term growth, Fitch Ratings said on Monday as a large number of nations go to the polls. In its Global Sovereigns Outlook 2024, Fitch highlighted that a large number of elections are scheduled in 2024, including Bangladesh, Croatia, Dominican Republic, El Salvador, India, Indonesia, Korea, Mexico, Pakistan, Panama, Romania, South Africa, Sri Lanka, Taiwan and the US. UK elections must be before the end of January 2025. "Fractious politics can slow reforms and derail policymaking, and contentious elections can encourage the prioritisation of short-term growth objectives over longer-term structural initiatives," it said. Fitch said lower inflation might not help incumbents much, given prices remain well above pre-pandemic levels in most countries. The international environment is marred by two major conflicts entering 2024, neither of which appears to be on

New national policy may turn India's airports into global transit hubs

If enacted, the policy will address challenges such as double security checks and immigration bottlenecks to better streamline travel

Emerging Asian bond investors turn cautious as rate cut wagers disappears

Market sentiment is starting to shift as rising commodity prices keep the policymakers from letting their guard down on inflation

TMS Ep499: Chinese economy, policy making rejig, markets, protectionism

How will China's economic troubles hit India and the world? Does India's policymaking need a rejig? Time to turn cautious on stocks of new-age companies? What is protectionism? All answers here

FM pitches for regulatory impact assessments to enhance accountability

Union finance minister Nirmala Sitharaman on Friday pitched for a "regulatory impact assessment" to study the positives and negatives of a decision before it is taken, and also for existing rules. She said having such a facility can help enhance the transparency and accountability in the policymaking process. "We may also have a regulatory impact assessment to critically assess the positive and negative effects of proposed and existing regulations and non regulatory alternatives," she said, speaking at an event here. Time limits to decide the applications under various regulations should also be named in the interest of ease of doing business, she added. Regulatory actions may vary from disclosure to light touch regulation and supervision to tight regulation and full fledged supervision depending on the risk implications, she said. "Quality, proportionality and effectiveness of regulations matter the most for ease of doing business," she said. Sitharaman said the main focus of ..

Stressing stability

Indian policymakers must remain vigilant

India ready to embrace its moment

As India steps into its first-ever G20 presidency later this year, its voice and leadership could leave a mark on the world for years to come

India's development drive

Achieving the goals set for 2047 will require policy interventions

Economy faces resilience test as policymakers prioritise prices over growth

Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey

The ambience of policymaking: Why it is crucial for driving change in India

The government's best tribute to Vajpayee would be to implement his idea of creating a mahaul for reforms

Best of BS Opinion: Nowcasting the economy, a violation of justice, & more

Here are the top BS Opinion articles of the day

Nowcasting the economy

Using new indicators can help policymaking

Work sought under MGNREGS in June still higher than before Covid

According to economists and policymakers, this reflects the continued lure of MGNREGS among rural manual casual labour despite a near resumption of economic activity, both in rural and urban areas

Lagging indicators

Delays in annual reports cause an information vacuum

VP Venkaiah Naidu marks importance of evidence-based policymaking

Vice President M. Venkaiah Naidu on Monday highlighted the importance of evidence-based policymaking to ensure that governance is responsive to the changes and disruptions around us

Regulators, policymakers should predict innovation-led disruptions: TRAI

Regulators and policymakers should proactively follow technological developments, predict innovation-led disruptions and manage them effectively and constructively, at a day and age where new generation of mobile communication will be seen in less than 10 years, TRAI Chairman PD Vaghela said on Friday. The role of regulators should be to create a facilitating, flexible, adaptive and light-touch regulatory ecosystem, which is based on the cardinal principle of forbearance, Vaghela noted. "We are in that age, where we will see a new generation of mobile communication in less than 10 years. For example, 5G is not even deployed fully and there is already a buzz of 6G technology," the TRAI chief said addressing India Mobile Congress (IMC) 2021 event. The regulators and policymakers should proactively follow the technological development, predict the innovation-led disruptions and manage the disruptions effectively and constructively, he said. An enabling regulatory environment would hel

Policymaking in the age of the virus

In India, there's currently evidence the Centre has not managed a smooth vaccine rollout. It is now falling back on blaming states, which are facing vaccine shortages

Building back differently

Putting India back on the growth track demands a robust analytical framework to address the structural downturn in the economy caused by Covid-19