Reform of the oil sector is long overdue. The problems in the sector emanate from the structure of central taxes and the system of subsidisation through prices. Solutions to the problems necessarily have to address both tax and subsidy simultaneously. The social losses include, misuse / wasteful...

We bring out the fundamental and more important problems with the current framework of land acquisition in India, regulations on land and the functioning of land markets. We argue that reform is overdue and the current framework would be unsustainable in a democracy that is India. Current land...

The paper reviews the situation with regard to the electricity sector and the failure of policy and regulation. It argues for direct subsidy and a market oriented unbundling of the sector to take the sector forward. It also brings out the failure of the IPP policy and the costs that it has...