Best of BS Opinion: Electricity: A strategic view, Caste calculus & more

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

Expectations from monetary policy, how to phase out fossil fuel, and why air pollution is a leveller

Tamal Bandyopadhyay: Assuming a 4.5 per cent one-year forward inflation rate, at a 1.4-1.9 per cent neutral rate, the policy rate should be 5.9-6.4 per cent. This is not far off the current rate of 6.5 per cent. So, rate cuts can be ruled out at this point, but many are expecting a change in stance, from “withdrawal of accommodation” to “neutral”.

Ajay Shah, Akshay Jaitly & K P Krishnan detail reforms required in the electricity sector and also in the financial sector to make the transition to renewable energy feasible.

Sunita Narain talks of the weaknesses of our clean air mission.

QUOTE

 

I am saddened to hear the news of 9 innocent children dying after the collapse of the wall of a dilapidated house due to heavy rain in Shahpur of Sagar district … The families of the deceased children will be given financial assistance of Rs 4 lakh each by the government.

 

Madhya Pradesh Chief Minister Mohan Yadav, after the deaths during a programme of “Parthiv Shivling Nirman” at a temple