HOW TO DO PROCESS REFORMS?: CASE STUDY OF VOLUNTARY LIQUIDATION IN INDIA

Large number of process reforms have been done in recent years- including simplification of administrative processes, changes in regulations and legislations, removing obsolete laws, closure of outdated government entities and so on. Even if these changes appear small in many cases, they have led to significant efficiency gains in the overall system. In this paper, …

The Great Convergence: A Case Study of Uttarakhand and Himachal Pradesh (2000 to 2020)

We compare the growth and transformation of Uttarakhand (UK) economy to that of Himachal Pradesh (HP) over a period of two decades [2000-2020]. In particular, we examine the changes in the industrial sector output, particularly in view of the Concessional Industrial Package (CIP) for the Hill States announced by the central government in January 2003. …

Female Labour Force Participation Rate

The female labour force participation rate (LFPR) is a crucial indicator of women’s economic empowerment and overall economic inclusiveness. This research paper presents econometric analysis highlighting a significant resurgence in female LFPR across Indian states, especially in rural areas, since 2017-18. There are three broad themes for the empirical analysis: (1) Recent trends in female …

India and Global IPR Treaties

To become an international player in the knowledge economy, India needs to take global IPR treaties more seriously as these agreements create the framework for the country’s R&D ecosystem to align with global best practices and accurately benchmark our performance with international peers. In this EAC-PM Working Paper, we explore 4 such international agreements and …

Changes in India’s Food Consumption and Policy Implications

Significant changes are unfolding in India’s food consumption pattern, with serious implications for our national agriculture, health, nutrition, and overall welfare policies that target poorer sections of society. The changing consumption basket of Indians will also impact the calculation of the Consumer Price Index in the future. A comprehensive analysis of the Household Consumption Expenditure …

Igniting the Bright Spark Through the Looking Glass on Electric Mobility in India

Compulsions of climate change commitments, caprices in oil prices coupled with a rapid acceleration of battery technologies have together led to a sharp increase in electric mobility worldwide. In the Indian context, a slew of measures – on the demand side as well as on the supply side have been announced from time to time. …

A Complex Adaptive System Framework to Regulate Artificial Intelligence

The field of Artificial Intelligence (AI) has been making significant strides, with advancements in computer vision, language processing, robotics, and many other emergent areas. This rapid development, however, has raised substantial concerns about the risks associated with uncontrolled AI propagation.

Why Commercial Mediation Should be Voluntary

For the mediation system to be effective, it must earn its place in the dispute-resolution ecosystem by its performance and not by a mandate. Hence, Section 12A of the Commercial Courts Act, 2015, must be amended to make pre-litigation mediation for commercial cases voluntary.

How the Pennies Drop

This paper delves into the trends of GST collections to evaluate the efficacy of the reform to generate revenue. Subsequently, an attempt is made to answer the questions – what drives revenue growth and whether the collections; collection efficiencies and buoyancy of collections are better under GST as compared to the pre-GST period. This is …