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Best of BS Opinion: The GST puzzle, infecting public health, and more

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

Topics
BS Opinion | Curated Content | GST

Kanika Datta  |  New Delhi 

gst, collections, revenue, economy, funds, investments, expenditure, spending, budget
Illustration: Binay Sinha

The second wave of Covid-19 threatens to stall India’s fragile economic recovery and prolong the hardships of the poor and businesses as job opportunities dry up and supply chains are disrupted. After the disaster of 2020, the logical conclusion should have been for the political leadership to set an example by ensuring that pandemic protocols are followed strictly -- especially now that it is clear that the vaccine programme is unlikely to achieve critical mass anytime soon. Yet the businesses of religion and elections, two key super-spreaders, have acquired a curious immunity from the enforcement of Covid-19 protocols.

At the Mahakumbh mela, which officially began on April 1, and in election rallies in Assam and Bengal in particular, the basic norms of mask-wearing and social distancing have visibly been jettisoned. Religion and is infecting in dangerous ways, the top edit points out. Read it here

In other opinion, writers focus on the trajectory of GST, the key weakness in government and why the Mahindra group’s new CEO should readjust the conglomerate’s strategic focus:

Ashok K Bhattacharya explains why the sharp rise in collections in March could be a false indicator of economic revival if further reforms are delayed. Read it here

Gurbachan Singh makes the case for the phased transitioning from the plethora of government welfare schemes, many of them of questionable economic or market rationale, to a good and general policy framework that ensures efficient allocation and pricing of resources. Read it here

Anish Shah, the first non-family member to have oversight of the entire Mahindra group, would do well to streamline the unwieldy expansions and diversifications that have acted as a drag on profitability for some years now, says the second edit. Read it here

QUOTE OF THE DAY

“I think that the amplification of social media is something that I deeply worry about. And the targeting tools, the same tools that are used to target in advertising can be used to target for misinformation purposes or extremist purposes” Apple CEO Tim Cook in a New York Times podcast

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First Published: Wed, April 07 2021. 06:19 IST
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