Best of BS Opinion: Point of vulnerability, Covid-19 vaccines, and more

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

Revelations of France’s judicial investigations into alleged corruption in the deal for Rafale fighter aircraft raises fresh questions about the opaque and inefficient manner in which international defence deals are negotiated by India. The real loser, the second edit argues, is the defence forces which remains singularly unprepared for next-gen warfare

In other views:

The top edit explains how the Insolvency and Bankruptcy code is being gamed so that lenders’ losses are rising. Read it here

Neelkanth Mishra assesses the outlook for global retail sales as the pandemic recedes. Read it here

Prosenjit Datta points to a possible crisis as the government moves to improve supplies of Covid vaccines: inadequate testing facilities to handle those volumes. Read it here

Mahesh Vyas shows how consumer sentiment remains stubbornly unimpressed even though the economy is recovering at a decent clip after the second Covid-19 wave. Read it here

QUOTE OF THE DAY

“Who in the apparatus of the Indian state will be held responsible for this tragedy? Make no mistake — it is the Indian state that killed Fr. Stan Swamy, who was such a passionate crusader for social justice,”

Tweet by Congress leader Jairam Ramesh