ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Institutional Quality and Foreign Direct Investment in India

Foreign direct investments tend to gravitate to nations with good governance. The quality of governance is largely affected by institutional factors such as control of corruption, government effectiveness, political stability, regulatory quality, rule of law, voice and accountability. This study contributes to the existing literature on foreign direct investments by testing the impact of six parameters of institutional quality on investment inflows into India. 

The Ordinance Route

The deadlock in Parliament has resulted in the increasing tendency of the union government to promulgate legislation through ordinances, when Parliament is not in session. While there are no substantive restrictions on the President’s power to promulgate ordinances, given the inherently temporary nature of ordinances, the exercise of this power must be limited keeping in mind the concerns of rule of law.

Demonetisation and the Rule of Law

The challenge in the Supreme Court and high courts to the current demonetisation exercise requires some serious discussion for what it tells us about the state of the rule of law and constitutional government in India. 

The Republic of Reasons

Discourse within a constitutional framework alone can be the foundation for a possible solidarity in societies which are vibrant with real diversities and differences.

Water Management and Village Groups

Despite the government's repeated assertions in recent years on the need for a decentralised, people-oriented and demand driven water management, these have not been converted into implementable solutions. While policy initiatives exist with regard to water user associations, watershed associations, and legal strategies are a much-needed prerequisite in order to evolve statisfactory working relationships between local bodies institutions and networks of formal and informal village groups engaged in water management.

Limits of Tolerance

A modern democracy cannot tolerate matters of faith trumping over matters of citizenship rights. There can be no question of tolerance when citizens are denied their status as equal citizens. With an intolerant secularism that insists on the inalienable rights of citizens and on the due process of the law, it is easier to mount public pressure against minority hunters and sectarian killers. Here we cannot make exemptions, or look for mitigating circumstances, on grounds of being a minority or impoverished and unemployed.

West Bengal : Licence to Kill?

By giving the police force the licence to kill at will, West Bengal's new chief minister, Buddhadev Bhattacharyya, has transgressed the nation's Constitution and violated his oath of office.

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