[Co-authored with Manya Nayar]

The Clinical Establishments (Registration and Regulation) Act, 2010 (Clinical Establishments Act) is facing resistance from the medical fraternity. The Indian Medical Association claims that the law will cause an increase in the cost of treatment and adversely affect small …

[Co-authored with Shubho Roy]

In his budget speech of 2017, the Finance Minister, Arun Jaitley announced that the government has prepared an action plan to eliminate two vector-borne diseases by the end of this year (para. 64):

Transparency and governance in central banks

A new threat

When dealing with distress, the single big idea for avoiding value destruction is speed of action. Delays destroy value. When we cope with failing firms (through a bankruptcy code) or failing banks (through a resolution corporation), the measure of institutional quality is the recovery rate, and the key determinant …