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Best of BS Opinion: GST compensation issue, the land bank, and more

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

digital currency, technology, china
premium

illustration: Binay Sinha

Kanika Datta New Delhi
Yet another meeting of the GST Council ended without a consensus on compensation cess. Both sides are proving intransigent, a situation that is only likely to delay the economic recovery. A pragmatic approach involving a recognition by both Centre and states that their positions are untenable would go a long way in solving the problem, the top edit points out here

Other opinions focus on China’s giant strides in developing a sovereign currency and the SVAMITVA property card scheme. Kanika Datta sums up the views.
 
All major economies are on the threshold of adopting digital sovereign currencies. India should not be