Times of India | Un-fare policy

Why it may take a Bangalorean 37 tries to book a cab

Traffic rules are seen as mere suggestions for drivers and riders in Bangalore. In the same vein, principles of economics are considered as an optional extra while formulating policies. Both are more honoured in the breach than observance.

A recent doozy is the Karnataka govt decision to fix the prices for taxis in Bangalore based on the cost of the vehicle. What is idiotic about this? For one thing, we have centuries of literature on govts trying to meddle with prices and fix them. And for centuries, govts have failed in doing so. Read the full article here.

Bengaluru needs more high-tech companies, not fewer

The Karnataka government is set to release a new industrial policy next month with the goal of encouraging investment in tier-II cities. As it has been in the past, this goal is likely to be framed in zero-sum terms i.e. achieved by pushing IT companies to move away from Bengaluru and in other cities instead.We will limit this article’s focus on what such a policy direction would mean in high-tech sectors such as biotech, aerospace, and IT. , this push towards creating an alternative of centre gravity for the high-tech industry seems to be an intuitive answer for achieving balanced regional growth. And yet, this view is wrong because it doesn’t square with the empirical experience of high-tech clusters elsewhere in the world.Read more at: https://www.deccanherald.com/opinion/bengaluru-needs-more-high-tech-companies-not-fewer-780314.html