You are here: Home » Opinion » Special
Business Standard

Best of BS Opinion: Financing the vaccine, Hindutva versus growth, and more

Here's a selection of Business Standard opinion pieces for the day

Topics
BS Opinion | Curated Content | Coronavirus Vaccine

Rajesh Kumar  |  New Delhi 

United states, capitol, donald trump, economy, coronavirus, covid, vaccine, market
Illustration: Binay Sinha

The government is reportedly considering imposing a cess or surcharge on taxes to at least part-finance the vaccination expenditure in the upcoming Budget. Given the state of the economy, most economic agents would not be in favour of higher tax liability. However, it's also true that in the given situation, with a significant increase in the deficit and public debt, the government will want to mobilise additional resources to minimise the wider macroeconomic implications of its finances.

In this context, our lead editorial notes that it makes sense for the government to impose a cess or surcharge to fund the vaccination programme. But it should be mindful of several issues in doing so.

Other pieces for the day, among other things, talk about expectations from 2021, and BJP’s legislative agenda in states.

Fresh hopes on the economic, health and political front temper the grim legacy of 2020, writes Shankar Acharya

We have already seen the deleterious impact of cow slaughter bans in UP, Madhya Pradesh and Haryana over 2018 and 2019, where stray cattle rampaged through fields of standing crop. The projected long-term damage to milk production will soon be felt, writes Kanika Datta

Quote

“The team has delivered another quarter of excellent results. Execution of client relevant strategy focused on digital transformation continues to drive superior growth, well ahead of the industry.” CEO Salil Parekh

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, January 14 2021. 06:00 IST
RECOMMENDED FOR YOU
.