Best of BS Opinion: Off-track finances, suit-boot nationalism & more

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

The Union Cabinet approved proposals worth Rs 32,512 crore from the Ministry of Railways on Wednesday to expand the rail network in different parts of the country. Investments in capacity enhancement, which has considerably increased in recent years, must be welcomed as it will help improve overall economic efficiency. But higher investment in capacity creation through the Union Budget should not divert attention from the railways’ own finances, notes our lead editorial. Read here

In other views:

Efforts need to be stepped up not just across India, but in each state and Union Territory and even in each district.  The battle against poverty will not just be won by a top-down approach, it will require a bottom-up effort as well, writes Ajay Chhibber. Read here

Taxing inherited wealth by foreigners of Indian origin offers a means to strike a balance between national interest and individual liberty, but it may not see the light of day, writes Rathin Roy Read here

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“India has been recognised as the ‘Pharmacy of the World’. It is now time for India to take the lead in the medical devices sector and become the leader in the manufacturing of affordable, innovative and quality medical devices”
 

Union Minister of Health & Family Welfare and Chemicals & Fertilizers Mansukh Mandaviya