Universal Basic Income

THE QUAGMIRE OF UNIVERSAL BASIC INCOME

In this article, the author delves into the concept of UBI – Universal Basic Income and whether this double edged sword can be implemented in India. Although UBI brings along numerous benefits like increased standards of living and gender equality, it can also affect the labor market negatively also impacting employer-employee relations. Thus, many considerations kick in when its implementation in India is pondered upon which are highlighted towards the end of the article. Continue reading THE QUAGMIRE OF UNIVERSAL BASIC INCOME

Food

THE VIRUS OF HUNGER: Contextualizing Food Security in Times of COVID-19: PART-II

This article aims to contextualize the debate around food security in India considering the COVID-19 pandemic. It analyses historical and economic arguments for policy initiatives and aims to make suggestions regarding the state’s role in handling the crisis. By analysing state action through famine relief in colonial India, the article aims to locate the state’s responsibility in the current crisis. Continue reading THE VIRUS OF HUNGER: Contextualizing Food Security in Times of COVID-19: PART-II

Food

THE VIRUS OF HUNGER: Contextualising Food Security In Times of COVID-19: PART-I

This article aims to contextualize the debate around food security in India considering the COVID-19 pandemic. It analyses historical and economic arguments for policy initiatives and aims to make suggestions regarding the state’s role in handling the crisis. By analysing state action through famine relief in colonial India, the article aims to locate the state’s responsibility in the current crisis. Continue reading THE VIRUS OF HUNGER: Contextualising Food Security In Times of COVID-19: PART-I

Competition

Concerted Action vs Unilateral Conduct in Competition Law: A Critique – PART II

A concerted action perpetuated by various persons or enterprises is different from the unilateral conduct of an individual entity, as the latter is not accompanied with the element of “concurrence of wills”. That is why Section 3 and 4 of the Competition Act, 2002 are different in their scope and operation.The second part of the article comprehensively discusses the case of Mahyco Monsanto Biotech (India) Limited and argues that, despite a statutory distinction, the approach undertaken by the Competition Commission of India has resulted in conflation of the paradigms used to assess anti-competitive agreements with those relating to the abuse of dominance. Continue reading Concerted Action vs Unilateral Conduct in Competition Law: A Critique – PART II

Cryptocurrenct

CRYPTOCURRENCY – Approach Towards Adoption

It is of no doubt that cryptocurrency holds the potential of transforming the entire market structure. However, India has been quite repulsive in streamlining the use of this innovative technological advancement. The presented article talks about the journey of crypto assets till date in India along with some major takeaways from other jurisdictions, which have been proactive in adopting cryptocurrency. Continue reading CRYPTOCURRENCY – Approach Towards Adoption

Solutions to COVID 19 Economic Damage

Solutions to Externalities of the COVID-19 Pandemic

This article discusses various economic solutions that can internalise the externalities problem of COVID-19 Pandemic. It is argued that besides conventional means of public regulation through taxation and subsidy, resumption of economic activity would require the state to place trust in individuals and encourage private Coasean solutions in places where they are possible. Continue reading Solutions to Externalities of the COVID-19 Pandemic

De-criminalising dishonour of cheques

Decriminalising Section 138 Of Negotiable Instrument Act: An Economic Solution

The article tries to find whether the move to decriminalize dishonour of cheque is efficacious or not by employing the economic analysis of punishment wherein the authors have tried to gauge the viability of imprisonment and imposition of fines as modes of punishment. Continue reading Decriminalising Section 138 Of Negotiable Instrument Act: An Economic Solution

Solutions to Market Failure in Higher Education

SOLUTIONS TO THE MARKET FAILURE OF HIGHER EDUCATION – PART II

This is the second and concluding part of the article. The first part dealt with the concept of market failure in higher education and addressing the failure at local level through government interventions. The second part deals with addressing specific causes of market failure through government interventions and suggesting other solutions to mitigate market failure in higher education. Continue reading SOLUTIONS TO THE MARKET FAILURE OF HIGHER EDUCATION – PART II

crime

COVID-19: SHIFTING TRENDS IN CRIME RATES VIS-À-VIS UNEMPLOYMENT AND POVERTY

by Anushka Rungta and Utsav Saxena Introduction The world has come to a grinding halt in its war with the unseen enemy. After more than four months of lockdowns, the Government of India started taking measures to reopen the economy by introducing relaxations in some states. During these unstable times, the crime rates in the country are experiencing a haphazard graph. With the invocation of … Continue reading COVID-19: SHIFTING TRENDS IN CRIME RATES VIS-À-VIS UNEMPLOYMENT AND POVERTY