Best of BS Opinion: Defining atmanirbharta, a legacy and a burden, and more

Here are the top BS Opinion articles of the day

Here is the best of Business Standard’s opinion pieces for Saturday

In the context of the government’s push for self-reliance, T N Ninan in his weekly column notes that one the criticisms of the PLI scheme is that it focuses on capital-intensive sectors, some of them with the attendant complication of rapid obsolescence — thereby necessitating constant updating of both technology and equipment. The column further underscores that between the two problems that India faces (a trade deficit and an employment deficit), the bigger problem is obviously the latter. That and the feasibility question should not be lost in PLI’s search for strategic self-reliance. Read here
 

In other views:

Aditi Phadnis talks about the state of Himachal Pradesh politics. Read here

The All England Lawn Tennis and Croquet Club’s decision to ban Russian and Belarussian players from the sole grass court Grand Slam this year amounts to serving a double fault at championship point, as Roger Federer did so tragically in the 2019 men’s finals, writes Kanika Datta

QUOTE OF THE DAY

“Reducing general government debt to below 66 per cent of GDP over the next five years is important to secure India’s medium-term growth prospects.”

Reserve Bank of India