A thread that captures all the #70Policies follows...

You may download the book — 70 Policies that Shaped India: 1947 to 2017, Independence to 2.5 Trillion — here goo.gl/dA8QrQ via @orfonline
By ensuring that prices of shares were kept low, the Controller of Capital Issues ensured gains to small investors. But this meant enterprises were not able to get the right value

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The Minimum Wages Act is not the end of all wages-related laws. There are four other Central laws that oversee wages. These need legislative consolidation

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The Factories Act ensures that working conditions of Indian labour are humane. But in an era of #AI and robotics, it may push capital away from labour

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The role of development finance institutions in the closed, pre-liberalisation India was noteworthy; in a relatively more open, liberalising India, they have a limited role

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The Banking Regulation Act now needs to evolve towards regulating electronic and mobile money, which brings the opportunity to reach the unbanked and the threat from e-criminals

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The extra-constitutional Planning Commission steered the economic direction of India for 65 years, imposing its will over Union Budgets and State finances alike

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The general direction of successive finance commissions has been leaning towards giving States a greater share of resources

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Industries (Development and Regulation) Act gave the government the power to investigate, assume management control of an enterprise, and take over an enterprise without investigation

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The Bureau of Indian Standards Act of 2016 that replaced the ISI Act provides for compensating consumers if a product does not confirm to standards

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#Nationalisation of Air India set the pace for serial nationalisations of several other sectors – notably banking, life insurance, general insurance and mining

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The impunity of interference in the functioning of public sector banks peaked with the 1976 amendment to State Bank of India Act, enacted to remove its upright Chairman R.K. Talwar

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From “division” to “directorate” to “commission” and finally to a “company”, the evolution of Oil and Natural Gas Corporation has moved with the times

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What the Essential Commodities Act fails to see is that the era of shortages is now well behind us and needs to be amended, if not repealed, to serve this new India

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So firmly was socialism etched in India that following the Industrial Policy Resolution, intellectuals advised businesses to map out a course of action consistent with the government’s

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“Nationalisation of life insurance is an important step in our march towards a socialist society. Its objective will be to serve the individual as well as the State.”
—Jawaharlal Nehru

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Building institutions is hard, maintaining them is even harder: in 2018 global university rankings of 950 universities, only Delhi (rank: 172) and Bombay (rank: 179) figured in top 200

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Politically, economically and administratively, Food Corporation of India must rid itself of the dangerous situation of “huge surplus in FCI godowns coupled with widespread hunger”

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Despite the use of MSP through the Commission for Agricultural Costs and Prices, India is a ‘food grains secure’ country but not ‘food secure’—this anomaly needs to be addressed

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Implementing SEZ Act is difficult as different governments have varying objectives—Karnataka wants foreign investment, Tamil Nadu large dividends, Andhra Pradesh employment generation

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There is urgent need for an extremely low-cost but market-linked long-term investment product. Until then, Public Provident Fund will remain the backbone of small savers

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Aug 15, 2018
So much for free speech and its passionate supporters thehindu.com/todays-paper/t…

Apparently, to conduct or participate in #PondyLitFest you need to be ideologically aligned to the Left — this, from a gaggle of writers (yes WRITERS!) calling themselves, hold your breath, ‘progressive’ m.timesofindia.com/city/puducherr…
Lieutenant Governor @thekiranbedi should ensure that there is no space for such festival (#PondyLitFest) in Puducherry, demand Progressive Writers Association — you read that right: ‘PROGRESSIVE’
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