Best of BS Opinion: An informed NITI, plugging the infra gaps, and more

Here are the top BS Opinion articles of the day

Here is the best of Business Standard's opinion pieces for Tuesday

As Rajiv Kumar decided to step down last week, economist Suman Bery was appointed the new vice-chairman of the NITI Aayog. A change of the guard is always a good opportunity for an institution to review its position and make necessary adjustments to become more relevant. In this context, our lead editorial notes that, broadly, the NITI Aayog needs to build more capacity to be able to help the government make the right policy interventions. Read here

 

In other views:

Defence R&D that delivered innovation would lead to more autonomy in defence production.  Along the way we might even realise the strategic autonomy we have long claimed for our foreign policy, writes Naushad Forbes. Read here

Whether Gati Shakti evolves into a proper digital project monitoring system, instead of yet another government scheme, could well decide its future, notes Indrajit Gupta. Read here

 

QUOTE OF THE DAY 
 

“With inflation soaring in the country, the Reserve Bank of India will, at some point in time, have to raise benchmark interest rates, and it is important for politicians and bureaucrats to understand that the rise in policy rates is not some anti-national activity benefiting foreign investors, but is an investment in economic stability”

 

Former RBI governor Raghuram Rajan