Best of BS Opinion: Public versus private challenges, Crash test & more

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

What is lacking in the defence trade and fallacious arguments of economists. For today’s reading

AJAI SHUKLA: The struggle to bridge the gap between defence exports and imports raises questions about the viability of strategic partnerships. On average it takes 15 months from the time a private firm’s bid is opened to the time it is awarded. In the case of a public-sector firm it is barely four months.

James K Galbraith: For the sake of economics, necromancers must go.

The first edit says instead of worrying excessively about threats from reduced import tariffs, there is a need to identify and address other structural challenges that have limited India’s electric-vehicle market’s takeoff. The second edit points out a deficiency in India’s hit-and-run law.

QUOTE

 

There is no reason why import tariffs on cars cannot be reduced as sought by the UK government under the India-FTA negotiations. I think 30 per cent duty is fine.

 

Maruti Suzuki Chairman R C Bhargava