 "Best of BS Opinion: Risks to recovery, India's emissions curve & more")
Here is the best of Business Standard's opinion pieces for Thursday.
The International Monetary Fund in its latest World Economic Outlook update has revised its forecast downwards for the global economy. It now expects the global growth to moderate to 4.4 per cent in 2022, which is half a percentage point lower than the October 2021 estimate. In this context our lead editorial notes that the challenge for Indian policymakers is to strengthen the recovery at a time when the global economy is slowing. The Union Budget next week will be the first policy test in this regard. Read here
Jaimini Bhagwati talks about the evaluation of official revenue-expenditure records. Read here
Achieving net zero by 2070 requires India to transition to a fundamentally different development model during this decade, writes Jayant Sinha. Read here
QUOTE OF THE DAY
“The UK and India are tied by deep bonds that span through the generations and across some of the greatest modern-day challenges we have faced. That is why I want to send my best wishes on behalf of the United Kingdom to the people of India, and to all the British Indians in the UK, on India's Republic Day.”British Prime Minister Boris Johnson
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