Best of BS Opinion: Fixing gas prices, Delhi's pollution crisis, and more

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

A committee recently recommended a price cap on liquefied natural gas supplied by older fields. In this regard, our lead editorial notes that oil and gas exploration is an expensive and high-risk business. Investors therefore expect pricing freedom and policy certainty to protect their investments. Read here
 

Our second edit notes that it is clear that Delhi’s pollution is largely a localised issue and needs situation-specific solutions. Read here

In other views:
 

Law-making and rule by the judiciary is kritarchy, not democracy. The delicate system of checks and balances that keeps a democracy alive has been set aside by the judiciary, writes R Jagannathan. Read here

Quote of the day
 

“The Indian economy has proved remarkably resilient to the ongoing impacts of the deteriorating external environment.”
 

World Bank