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

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Army’s Robustness in Aid of Civil Authority

When the army is called in aid of civil authority, robust action taken by the army in a timely manner can prevent civil disturbance from exacting a strategic cost. The recent revelations on army inaction in the critical first 24 hours during the Gujarat carnage in 2002 are examined.

War on Air Pollution Will Not Be Won in the Courts

Despite certain measures adopted in the last 12 months, the air pollution problem across northern India has re-emerged this winter, and only worsened after the Diwali festival. The conversations, however, continue to be dominated by Delhi, and revolve around finding quick fixes, mostly pushed by courts, without looking at the deeper, underlying problems or addressing state capacity to deal with air pollution.

IL&FS Was an Avoidable Crisis

The infrastructure Leasing and Financial Services Limited, a systemically important non-banking financial company, has defaulted on its debt repayments. This has created turmoil in the NBFC sector and in the financial markets. Many analysts allege serious malpractices and fraud at IL&FS. Whatever the truth of these allegations, the fundamental problem at IL&FS was that of illiquidity arising from the use of short-term funds to finance infrastructure. The failure to address illiquidity early enough has pushed the company towards bankruptcy.

Criminal Laws and Civil Rights

In the past few weeks, constitution benches of the Supreme Court have struck down Section 377 of the Indian Penal Code (IPC) ( Navtej Singh Johar and Ors v Union of India 2018) and Section 497 of the IPC ( Joseph Shine v Union of India 2018), partly upheld the Aadhaar (Targeted Delivery of...

Dissecting ‘Modicare’

Narendra Modi has been good at launching fantastic schemes, most of them being just the renaming or rehashing of the existing ones but pedalled as novel, and confidently communicated to the masses as such. There are as many as 23 such legacy schemes of the United Progressive Alliance that have been...

Non-performing Power Sector Assets

Desperate attempts to prevent liquidation of power sector assets in companies that are defaulters point to a deeper crisis afflicting neo-liberal growth. A sector that was plagued by shortages was opened up to private participation, leading to rapid expansion in the expectation of large profits from liberalised prices. Public sector banks were called upon to finance that expansion with the government being complicit. Now, however, firms find themselves trapped between inadequate demand at prevailing prices and rising costs that precipitate default.

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