Best of BS Opinion: Increasing interest rates, the GST boost, and more

Here are the top BS Opinion articles of the day

The Modi government is elated over the steady improvement in the collection of the Goods and Service Tax. It is seen as providing a revenue cushion to government finances and as signs of an economic recovery. But, argues A K Bhattacharya, these perceptions may not be entirely justified. He explains why here

In other views:

The top edit points out that markets will have to adjust to tighter financial conditions in the coming months, which could lead to a correction in valuations. Read it here

The second edit says the production of biomedical waste has greatly expanded since the outbreak of Covid-19 but the guidelines for handling it are followed mostly in the breach. Read it here

R Gopalakrishnan examines whether the professional CEO can be entrepreneurial and vice versa. Read it here

QUOTE OF THE DAY

“Because of neglect of Dalits, backwards, farmers, unemployed, youth as well as small traders, I resign from the cabinet of Uttar Pradesh”

 

Swami Prasad Maurya, UP cabinet minister, who joined the Samajwadi Party