Best of BS Opinion: How green is my central bank, going down the wrong path

Here are the top BS Opinion articles of the day

Here are the best of Business Standard's opinion pieces for Friday.
 

The Union Cabinet has decided on a major new production-linked incentive scheme aimed at reviving and transforming the automotive sector in India. But the scheme fits in with the broader criticism of the government’s recent industrial and trade policy that many economists have been making. Using taxes to provide incentives for the private sector in order to minimise imports is but steps away from the full-fledged license permit Raj. The purpose of industrial and trade policy must be to integrate further with global value chains, not to dissociate from