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All Things Policy: Why Neglecting Opportunity Costs Leads to Bad Policy

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...

Takshashila Working Paper: China’s Quest For AI Leadership: Prospects and Challenges

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 Srinath quoted in a piece on water pricing

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...