Opportunity cost is the value of the next best alternative that is foregone when exercising a particular option. Any good public policy needs to take this into account, to avoid an inefficient allocation of scarce resources. Pranay Kotasthane and Sarthak...

By Manoj Kewalramani Download the paper in PDF Executive Summary In 2017, the Chinese government unveiled a plan to develop the country into the world’s primary innovation centre for artificial intelligence (AI) by 2030. In doing so, it identified AI...

Pavan comments on the hike in BWSSB’S water tariff, and explains how a a small increase in BWSSB tariffs could in fact reduce overall water cost for the city’s residents. Should Bengalureans be grateful for BWSSB’s water rates? “The hike in...