 "Best of BS Opinion: Sustainable growth, unhealthy nutrition policy & more")
Here is the best of Business Standard's opinion pieces for Wednesday.
According to the International Monetary Fund, India’s potential growth over the medium term is expected to be around 6 per cent. In the given circumstances, this sounds reasonable. But there is no reason why India should not work to push up medium-term potential growth. In this context, it is vital to have an institutional mechanism to make regular macroeconomic assessments and provide policy recommendations. In the given construct, the NITI Aayog can be asked to regularly present a medium-term assessment of the Indian economy. Besides improving the general understanding, this would enable the government to make timely and coherent interventions to improve India’s potential growth, notes our lead editorial. Read here
A K Bhattacharya notes that three-fourths of India’s top regulators are retired government officers. This must change. Read here
Dr Veena Shatrugna and Dr Vandana Prasad argue that mandating food fortification is not a well-thought-out or scientific policy. Read here
QUOTE OF THE DAY
“I was unwell and was in detention because of which I missed two elections, but now bye elections are happening and I have managed to come back because of people's love.”
RJD chief Lalu Prasad Yadav
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