Business Standard

Best of BS Opinion: GST uncertainty continues, erratic realities, and more

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

Illustration: Binay Sinha
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Illustration: Binay Sinha

Kanika Datta
If the Reserve Bank of India’s annual report confirmed that the Indian economy would shrink this fiscal, a survey by Deloitte shows why. Average salaries gained just 3.6 per cent in the fiscal year that started in April, down from 8.6 per cent a year ago and less than a quarter of the companies said they would raise salaries this year, making a consumption-led recovery unlikely. This presents an opportune moment to achieve the kind of changes that could put India on a high growth trajectory. But as the columns on the opinion pages today suggest, it is the private

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First Published: Aug 28 2020 | 7:08 AM IST

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