Read more about Best of BS Opinion: A Budget after contraction, new regulators, and more on Business Standard. Here s a selection of Business Standard opinion pieces for the day
Uddalok Bhattacharya sums up
Akash Prakashdescribes the risks to this The government has predicted that the economy would recover in the second half of the current fiscal year … (But) economic recovery either stopped in the third quarter or it stopped showing up in recovery in employment.
Mahesh Vyasgives details
Nivedita Mookerjitalks of the tale of committees in the run-up to vaccine.
But there have been plenty of committees before ever since Covid arrived on the scene. Do those still meet in some form or the other?
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An unusual man, an elegant perceptive writer and what an original career forged out of so much hardship.
Uddalok Bhattacharya sums up
Ajay Shahsays: Establishing conditions for sustained growth will be assisted by resolution of stressed firms, so that we get back to a large fraction of the overall balance sheet being in healthy firms. Why honey? Why bees? Because this army of nature is crucial for the productivity of our food system and the honey they make works for our well-being and health.
Sunita Naraintells you what the issues involved are Is the Assam Bill a repeat of the 2010 Andhra Pradesh law, which almost killed the micro-finance industry? No, says
Tamal Bandyopadhyay
Racial abuse is absolutely unacceptable.
Private banks have been progressively grabbing larger shares of the banking business even as nimble-footed fintechs are posing a fresh threat to government-owned banks.
But with the government tiptoeing around the problem with untenable solutions, Indian public sector banking could be headed the way of its counterparts in telecom and aviation.
T N Ninan explains why here Here is a selection of other views today: The third volume of the late Pranab Mukherjee’s memoirs is notable for his changing mood, tenor and reserve with truth-telling, writes Two parties are growing organically without engineering splits or defections – the Shiv Sena and the All India Majlis e Ittehadul Muslimeen (AIMIM).
Financial year 2020-21 can be considered a lost year with the first advance estimates released by the statistics office showing a contraction of the real gross domestic product (GDP) by 7.7 per cent, mostly owing to the pandemic. There are, however, signs to suggest that the economy will be able to return to normal on its own in 2021-22 as long as liquidity and credit remain available.
But in past crises, the major mistake has been to over-stimulate the economy and to remain engaged in loose monetary and fiscal policy for too long. This mistake must not be repeated by either the finance ministry or by the Reserve Bank of India, the