Research and Analysis

Planning for Net Zero: Business Diversification Strategies for Fossil Fuel Companies

Executive Summary – Riddhi Kankaria and Sandeep Pai Nearly 1,000 companies including major fossil fuel producers around the world have pledged to achieve net-zero emissions by 2050. Achieving these targets would require companies to diversify their businesses rapidly. Historically, many companies have diversified by venturing into related sectors or expanding into completely new sectors. In […]

Just Transition Planning for Fossil Fuel-Dependent Regions: A Framework for Economic Diversification

Executive Summary – Deeksha Pande, Sandeep Pai, and Rishi Kishore The planet has already warmed by over 1o C over pre-industrial levels and is causing severe weather events around the world. In 2022, there were at least 10 climate-related extreme weather events – from flooding and drought in China to Hurricane Ian in the United […]

Analysis of The Constitution (One Hundred and Twenty-Eighth Amendment) Bill, 2023

Analysis of The Constitution (One Hundred and Twenty-Eighth Amendment) Bill, 2023 To provide reservation to women in Lok Sabha, State Legislative Assemblies, and Legislative Assembly of NCT Delhi Background Even after 76 years of independence and equal political rights to all, India continues to witness a paltry representation of women in both the Parliament and […]

Need for a Global Consortium on Just Transitions

To keep global warming well below 2°C the world needs to decrease the production and use of coal rapidly. The technical barrier to moving to renewables has never been so small because of the falling costs of wind and solar power. But for the world’s top coal countries, significant challenges remain. From West Virginia, United States, to Chhattisgarh, India, coal production provides millions of jobs, anchors local economies, pays worker pensions, and contributes to society through taxes or directly paying social services. Even though coal production and consumption can have harmful air and water impacts, the benefits felt in coal communities are critical. For coal-dependent regions, a global energy transition will have outsized costs.

The National Cooperative University Bill, 2023

A cooperative university is an educational institution that operates under the principles of cooperation and
collective ownership. The efforts are being made for the establishment of a Cooperative University to firmly
deepen the foundations of the cooperative movement in the country.The Union Ministry of Cooperation is
planning to set up the world’s largest university for the cooperative sector that will award 9,600 degrees, 16,000
diplomas and 800,000 certificates annually by 2026-27. The plan is to award degrees for managerial positions,
diplomas for supervisory jobs and certificates for operational-level positions. The proposal involves setting up
sector-specific schools for dairy, fishery, rural credit and cooperative credit among others at an investment of
around ₹750 crore over a three-year period.

The Drugs, Medical Devices, and Cosmetics Bill, 2023

India’s pharmaceutical industry, valued at $41 billion, stands as one of the largest in the
world. Over the years, it has played a crucial role in offering cost-effective alternatives
to Western products, particularly benefiting impoverished and developing countries.1
The recent deaths of at least 66 children in the Gambia, attributed to cough syrups
produced by Haryana-based Pharmaceuticals, have brought attention to the
deficiencies in India’s drug regulatory system.

The Mediation Bill, 2021

Mediation is a process whereby a third party facilitates the settlement of a dispute between two
parties or groups and helps them come to an agreement. With reforms in the Judicial system of
India, mediation has come to play an active role in addressing the long delays in the resolution of
disputes. It has long been seen as an effective alternative dispute resolution mechanism due to
the consensual nature of the process. Subsequently, Mediation Centers were established in court
complexes across India to provide an option to the parties to amicably settle their disputes,
wherever possible.

The Dental Commission Bill, 2023

The National Dental Commission Bill of 2023 aims to update the Dentists Act of 1948, taking into
account the advancements made in dental education since that time. The aim of the new
legislation is to improve and revitalise the field of dentistry by repealing the Dentists Act of
1948 and dissolving the Dental Council of India.
The Act of 1948 was an overarching legislative framework governing dental education,
profession, and ethical conduct in the country. Its primary points included allowing the
government authorities to approve the creation of dental colleges, broadening the scope of
higher education in this field, and increasing the number of students who could enrol.

The Offshore Areas Mineral (Development and Regulation) Amendment Bill, 2023

With a 7,517-kilometer coastline and a special marine position, India has enormous
resources that can be exploited, including crust, heavy minerals, lime mud, polymetallic
nodules, and natural gas and crude oil along its exclusive economic zone (EEZ) that
covers more than two million square kilometers. In order to develop and regulate
mineral resources on specific marine territories, Parliament passed the “Offshore Areas
Mineral (Development and Regulations) Bill” in 2002 (OAMDR).

The Jan Vishwas (Amendment of Provisions) Bill, 2022

In the context of the Department for Promotion of Industry and Internal Trade (DPIIT)
recognizing the need for decriminalization of minor, technical, and procedural defaults, the Jan
Vishwas (Amendment of Provisions) Bill, 2022, was introduced as a result of a draft cabinet note
by the department. This Bill aims to amend 183 provisions across 42 Acts administered by 19