Interesting readings

Devesh
Kapur in the Business Standard on the Right to X Act.

Ashutosh
Varshney has a great piece in the Indian Express
analysing the possibilities for a BJP led by Narendra Modi. Also
read Poornima
Joshi in Caravan magazine.

Laurie
Garrett and Maxine Builder in Foreign Policy about
preparations that Indian authorities need to undertake associated
with the Haj this year.

The first universities in India that shed their
xenophobia will
break away from the pack.

Milan
Vaishnav on the extent to which voters in India know and use
caste information when thinking about candidates.

In continuation
of the
commodities transaction tax, Mobis Philipose tells us
about the
impact on day 1.

Menaka
Doshi in the Financial Express on the low quality of
economic policy making in India.

The Ministry of Finance has setup
a Standing Council of Experts on the international competitiveness
of the Indian financial system
[link].

Corporate
governance failure at Ranbaxy? by Asish K. Bhattacharya
in the Business Standard.

The big idea of the Indian equity market reform in the early 1990s
was to have a 3-way separation between shareholding, management and
membership of exchanges. Jayanth Varma has a blog post about how
there
are problems
at the Chicago Board Options Exchange, in 2013 which are
reminiscent of those seen at the BSE in 1993. I'm not surprised, as
the CBOE does not have three-way separation.

The world according to Sheila
Bair. She now leads a non-government group of experts
called
the Systemic
RIsk Council. We need more such groups of experts in
India, who are not backed by the State.

Google
is the General Electric of the 21st century by John Gapper
in the Financial Times.

In continuation
to Let's
not confuse knowledge with college, see ideas for recruiters
by Rory
Sutherland who is vice-chairman of Ogilvy Group.