 "bipin rawat, chief of defence staff, cds")
The government’s move to issue Rs 5,500-crore in zero-coupon bonds towards the recapitalisation of Punjab and Sind Bank has put the nearly three-decade old process under the spotlight. Our lead editorial in this context argues that irrespective of whether interest-bearing or zero-coupon bonds are issued, the incidence of servicing the interest cannot be avoided— in the latter case, it is merely deferred.
Other opinion pieces for the day talk about the Chief of Defence Staff, and containing Covid in Dharavi.
The post of the CDS is an exalted one in the military hierarchy and to be accorded the highest respect institutionally.
