Best of BS Opinion: Award for auctions, tech stocks are booming, and more
Here's a selection of Business Standard opinion pieces for the day
Kanika Datta |
illustration: Binay Sinha
The nascent economic revival demanded some measure of support from the government but, examined closely, the government’s move to stoke festival demand with the leave travel concession cash voucher, and the 50-year interest free loans to states amounts to too little too late. The top edit explains why here.
The rally in tech stocks shares several features with the 2000 dotcom bust but, though it is worrying, it does not feel or smell like March 2000 yet, says Akash Prakash. Read it here
The 2020 Nobel laureates, Paul Milgrom and Robert Wilson were awarded for a specific policy design. They created an auction based on then-recent advances in game theory that provided an efficient distribution of telecom spectrum and also delivered considerable revenue to the US government. It is a design Indian policy makers could profitably consider, says the second edit. Read it here
First Published: Tue, October 13 2020. 05:58 IST