Best of BS Opinion: Slipping on oil prices, Sri Lanka nears crisis & more

Here are the best of BS Opinion pieces of the day

The government-owned oil marketing companies’ decision to raise diesel prices by a steep Rs 25 a litre for bulk users while keeping retail diesel and petrol prices unchanged is likely to create serious distortions in the market for fuel and raises fresh questions about the depth of fuel pricing reforms, says the top edit. Read it here

In other views:

K P Krishnan writes that transforming property registration to unlock economic growth if done one the lines of the National Generic Document Registration System holds promise for similar cooperation in other areas. Read it here

The second edit argues that more help is needed for Sri Lanka’s faltering economy. Read it here

Ashok Lahiri assesses the latest West Bengal Budget. Read it here

QUOTE OF THE DAY

 

“Import substitution has failed to achieve its goal of making Russia less vulnerable to sanctions like these”
 

Janis Kluge, a specialist in the Russian economy