Best of BS Opinion: Sustained momentum, BJP's manifesto on defence & more

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

After registering a growth rate of 9.7 in 2021-22 and 7 per cent in 2022-23, the Indian economy, according to the second advance estimates of the National Statistical Office, is expected to grow at 7.6 per cent in 2023-24. This means that the economy would grow at or above 7 per cent for the third consecutive year, which should be considered a significant achievement, given the global economic environment has not been exactly favourable, notes our lead editorial. Read here

In other views:

From an arms importer, India now ranks among the top 25 arms-exporting nations. BJP’s 2024 manifesto must include a coherent policy to increase defence exports, writes Ajai Shukla. Read here

Payal Malik and Nikita Jain note that Big Tech’s partnership with GenAI startups echoes a familiar playbook designed to stymie competition and monopolise markets. Regulators must act swiftly. Read here

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“Today the Prime Minister has taken an important decision to set up a semiconductor fab in the country.”

 

Minister of Electronics & Information Technology Ashwini Vaishnaw