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April 2012

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The Regulatory Chakravyuh
Economic Times, April 30, 2012

By Pradeep S Mehta

The Planning Commission is seriously addressing problems. In order to weed out or rationalise useless regulations, the plan body's strategy also speaks about undertaking scientific regulatory impact assessments. The catch is that states will need to be involved in this exercise closely, as much of the regulatory chakravyuh exists locally. A consensus can evolve through a dialogue and the plan body will have to market it to states, like a skin fairness cream, to demonstrate to them that revenues will rise and new jobs created. More...


Looking to Central Asia
The Financial Express, April 27, 2012

By Faisal Ahmed, M Absar Alam

India’s foreign trade policy puts utmost attention to exploring new markets for exportable products and offshore investments. At a time when India’s look-East policy is exploring new modules of engagement in East and Southeast Asia, and its look-West policy has already been emphasising on broad-based engagements with the Persian Gulf region, it is high time to look at the geography in the Northwest as well. Amidst such efforts of engagements, the missing link is the Central Asian region, which has immense strategic importance. More...


The WTO needed now more than ever
Global Briefing Magazine, April 2012

By Pradeep S Mehta

WTO approval of new measures in favour of the least developed countries has shown a way forward, both through the haze of global economic uncertainty and against the risks of increasing protectionism. More...


Wanted: A National Sarpanch
Economic Times, April 19, 2012

By Pradeep S Mehta

India has accepted the Westminster model of parliamentary democracy, which is now proving to be an unworkable method of running a government smoothly.

Now is the opportune time to kick off a debate for changing over from a Westminster model to a presidential system. Electing a national sarpanch to get rid of the cantankerous and retrogressive coalition political system. Our children will never forgive us if we do not start the process now, knowing that it will still take a few years to bring about the change. More...


Indo-Pak engagement needs strategic depth
The Financial Express, April 10, 2012

By Pradeep S Mehta and Abid Suleri

With Pakistan’s cabinet approving the negative list approach with a commitment to grant the much-hyped most-favoured-nation (MFN) status to India by late 2012, bilateral trade and economic relations are all set to get a boost. With expanding bonhomie, is it not time for both to join up to look at international trade issues with third countries that affect them both, even if at varying intensities? This is important because, after a long era defined by conflicting cohesiveness and cohesive conflicts, both countries are now willing to identify and remove the deterrents to their bilateral relations. More...

 

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