Best of BS Opinion: Mismanaging GST, rescuing the economy, and more
Here's a selection of Business Standard opinion pieces for the day
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Illustration: Binay Sinha
Debates over restoring economic growth have focused on whether the government should risk a higher fiscal deficit or focus on structural reforms. Nitin Desai argues that running a much larger fiscal deficit and targeting spending carefully – on agriculture, infrastructure and wage support for MSMEs – will result in a demand boost that is well worth the risk. Read his argument here. Other views focus on the centre-state spat over GST, China’s endgame against India and the new labour codes. Kanika Datta sums them up