In the 1860s, England was facing an acute shortage of coal. Some experts contended that improving technology would reduce coal consumption. But contrary to this, technological improvements that increased the efficiency of coal led to the increased consumption of coal in a wide range of industries. English Economist William Stanley Jevons argued that technological progress… Continue reading Maharashtra’s Water Banks: A Looming Banking Crisis without a Bailout Option
Introduction Agriculture is the mainstay sector of India’s economy and uses 60% to 90% of the available water, depending on climate and economic development of the area2. With increasing pressure on agricultural land and water resources it is estimated that to satisfy food demand in 2050, the world’s agricultural production must increase by 70% and… Continue reading Sustainable deployment of solar water pumps: A case study of Rewari, Haryana
The Socratic Paradox has presented itself to the world once again. If there is one thing we know for certain about COVID-19 at this point in time, it is that we don’t know anything for certain. This uncertainty around the absolute knowledge is necessary to establish upfront since it ideally opens us up to the fact that… Continue reading India and Covid-19: Economic Challenges, Impact and Policy
In India, the labor market in the healthcare sector runs in acute supply shortage. The doctor-patient ratio is 1:1248 and there are only 1.5 nurses available per thousand patients. Public health capacity is inadequate and mostly asymmetrically distributed across states. While there are 38.3 government hospitals for a million people in Kerala, there are only… Continue reading Tackling COVID-19: The Need for Effective Capacity Utilisation of Health Professionals
