It’s been widely reported in the media that the Indian government is considering scrapping or renegotiating its bilateral investment treaties (BITs) on concerns of increasing instances of foreign companies dragging matters to arbitration proceedings abroad.
Reproduced here with the permission of the author.
The recently unveiled India’s Foreign Trade Policy 2015-20 sets an ambitious target of $ 900 billion in merchandise and services export for the country by 2020.
Revised and expanded version. Those who have read it before may read it again since there are new points here.
As a backgrounder to our deliberation on fiscal federalism in India, let me begin with two points in comparative federalism and federal division of powers in India.
Thanks to Dr. D. Samarender Reddy for sending this pithy piece.
"If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.
The TPM Online website has been redesigned recently, so the old link for "Knowledge-inquiry vs Wisdom-inquiry" article no longer works. So here is the new link that works.
