Op-Eds

It is apparent that through CBAM, the EU wants to intimidate non-EU nations into adopting its self-proclaimed position as climate leader. Protectionism is a threat to the collaboration required between the developed and developing world in addressing climate issues. Innovative protectionist ideas, such as the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM), the Corporate Sustainability...   Read More

Kavach is modelled on the European train control system. In Europe, it is also used as a signalling system, a necessity in the European railways given the high cost of labour in the EU. The spate of train accidents has brought into focus the anti-collision system, Kavach. This year’s railway budget identified safety as a...   Read More

Excessive caregiving burden leaves women with fewer hours to engage in paid work. A well-designed framework for flexible part-time employment contracts could offer valuable work opportunities. A large and active labour force can significantly boost a country’s economy, but a low participation rate (LFPR) can hinder it. The working-age population, typically those aged 15-64, falls...   Read More

As the European Union (EU) sets a commendable example by effectively reducing its CO2-equivalent emissions, the emissions from non-EU countries with less rigorous climate obligations are accused of undermining the EU’s climate objectives. Consequently, mainstream Western media portrays the Carbon Border Adjustment Mechanism (EU-CBAM) as a fair pricing strategy for carbon emissions, thereby positioning the...   Read More

The 2024-25 Union Budget, with its allocation of substantial resources tonatural farming, marks a pivotal moment, but much needs to be done Natural farming, with its emphasis on biodiversity, soil health, and reduced chemical inputs, is gaining traction across India’s agricultural landscape. Andhra Pradesh, Gujarat and Himachal Pradesh have emerged as testing grounds for this...   Read More

Expressions of dissatisfaction with the global dominance of the dollar go back at least to French finance minister Valéry Giscard d’Estaing in 1965. But even today, the euro is no challenger to the greenback, and no one should hold their breath waiting for the BRICS to unveil their own attempt at an alternative currency. Last...   Read More

Of the four key areas that define women’s empowerment, personal efficacy, power in intra-household negotiations, societal engagement, and access to income-generating activities, we see improvements in the first three domains. In contrast, the fourth — access to employment — has stagnated. As economists struggle to explain the stagnation in women’s participation in wage work in...   Read More

The G20's “Roadmap Towards Better, Bigger, and More Effective Multilateral Development Banks (MDBs)” is an ambitious blueprint for transforming MDBs to address global development challenges. The roadmap sets bold objectives: scaling MDBs’ financing capacity, fostering collaboration, and integrating climate-related goals into development strategies. These priorities underscore a strategic shift toward a more responsive, impactful multilateral...   Read More

In India, where only 33% of women have an active bank account compared with 45% of men, the consequences for financial inclusion and economic growth are significant. By gaining greater control over their finances, women can lift themselves and their families financially and reduce their vulnerability to economic hardship. A financially literate and economically empowered...   Read More