By Ritvik Mishra, Analyst, Bharti Institute of Public Policy, ISB We were all exhilarated with the wave of change that the Narendra Modi-led NDA Government promised to bring with it after winning the 2014 elections with a thumping majority. What followed was a string of catchy slogans like ‘Swachh Bharat Abhiyaan’, ‘Namame Gange’, ‘Beti Bachao [...]
The Ministry of Finance had recently released the Revised Draft Indian Financial Code ("Code") for public comments. Mandar Kagade, Analyst at the Bharti Institute of Public Policy submitted his comments on some of the salient proposals of the Code with suggestions for reform. Please the submissions here. https://drive.google.com/a/isb.edu/folderview?id=0B_r-cIWDAf-eflFUelpTRnRXaEVZd081RDMwRVctb3A2a2hVWTFnX3VHMHJBbEJPbWVQZ28&usp=sharing# DISCLAIMER : Any comments, speeches, articles, blogs, podcasts, videos/vlogs, [...]
By Prof Rajesh Chakrabarti and Dr Kaushiki Sanyal, Bharti Institute of Public Policy, ISB It was reassuring to hear the Union finance minister Arun Jaitley emphasize the government’s commitment to reforms across a range of sectors at the World Economic Forum’s recent India Economic Summit in Delhi. These include labour laws, land acquisition and foreign [...]
By Mandar Kagade, Analyst, Bharti Institute of Public Policy, ISB Public policy making in India in recent times epitomizes the famous opening lines by Charles Dickens. Forces shaping policy are much more inclusive, thanks to a politically conscious youth and an accessible social media with a capacity to amplify the message several folds in a [...]
By Mandar Kagade, Analyst, Bharti Institute of Public Policy, ISB The recent report of the RBI committee to review governance of boards of banks (the P.J. Nayak Committee) recommends that non-executive directors at private-sector banks should be paid profit-based commissions so as to enable the private-sector banks to attract skilled professionals for their non-executive and [...]
By Mandar Kagade, Analyst, Bharti Institute of Public Policy Principle 1 of the National Voluntary Guidelines states that businesses ought to conduct and govern themselves with Ethics, Transparency and Accountability. One of the ways in which the law monitors that businesses actually conduct and govern themselves likewise, is through the institution of independent directors. Before [...]
By Kaushiki Sanyal, Senior Analyst, Bharti Institute of Public Policy, ISB This article was first published in Responsible Business India on April 4, 2013 Given the diversity of our country, how can we ensure that citizens have a say in the laws and policies that are made on their behalf? All citizens need to be [...]
By Mandar Kagade, Analyst, Bharti Institute of Public Policy, ISB This article was first published in Moneycontrol.com on March 25, 2014 In a recently held Board meeting, the Securities & Exchange Board of India (“SEBI”) has decided to amend the Listing Agreement and disallow public listed companies from remunerating their Independent Directors using stock options. This move [...]
By Prof. Gireesh Shrimali, Energy Economics and Business, Monterey Institute of International Studies; and a Fellow at Climate Policy Initiative’s CPI-ISB Energy and Environment Program at ISB Auctions for wind energy have the potential to bring down the costs of wind energy in India. However, these auctions have not happened due to opposition from wind developers. [...]
Given the failure of many government legislations in achieving the objectives for which they were formulated, a case for institutionalising deeper public consultations in the legislative process has been made in the recent past. Currently, there are four entry points where citizens can participate in the legislative process: first, the identifying stage; second, the drafting [...]
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