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Arvind Panagariya underlines the reforms that India needs most urgently


Arvind Panagariya underlines the reforms that India needs most urgently
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Last Updated: Jul 26, 2021, 09:57 AM IST
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Synopsis
The New cabinet’s new job is ensuring speedy delivery in three key areas: liberating education, speeding up privatisation and ending exemption raj. India has been presented with a new opportunity that the government must seize, says the former Niti Aayog chief.
Urgent progress is required towards privatisation of central public-sector enterprises, says Panagariya.
Recent expansion and reconfiguration of the council of ministers offers a fresh opportunity to accelerate and deepen structural reforms. The government must seize this opportunity.
Among the bills being tabled in the monsoon session, two hold great promise: Electricity (Amendment) Bill, 2021 and Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021. The former would make electricity distribution markets competitive and the latter fin ....

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Most Hong Kong research of 'high global standing' – Review


Most Hong Kong research of ‘high global standing’ – Review
Hong Kong universities have a high international standing in terms of research, the higher education sector’s funding body has concluded, after its latest assessment showed 70% of some 16,000 studies were ranked as world-leading or excellent, writes Chan Ho-him for the
South China Morning Post.
That was up from 46% in 2014 when the last assessment by the University Grants Committee took place. The University of Hong Kong, Chinese University of Hong Kong and the Hong Kong University of Science and Technology were the best performers in the latest review.
But the head of the funding body did not comment on whether the Beijing-imposed national security law might impact research activities, only saying institutional autonomy should be respected and higher education “should not handle politics”. ....

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