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Editorial comments from Business Standard
Editorial comments from Business Standard
With deposit and credit facilities broadly in place, the government should now focus on spreading financial and digital literacy
A continued growth momentum being seen will allow the central bank to focus on inflation and wait till it's durably aligned to the target of 4 per cent
The stranding of astronauts Sunita Williams and Barry Wilmore at ISS until February 2025 highlights the challenges involved in manned space missions
The latest policy is certainly an upgraded attempt to push the envelope in attracting investment
Rationalisation of the tax structure is expected to be discussed in the GST Council meet on Sep 9. The group of state ministers would be well advised to initiate the process
By prioritising this, and cultivating a robust ecosystem for innovation and business growth, India can build the foundation to achieve sustainable economic growth and avoid the middle-income trap
Seamless delivery of credit and a quicker turnaround time without requiring extensive documentation will benefit both borrowers and lenders
Recent revelations in the Justice Hema Committee report on women in Malayalam film industry and events following the rape and murder of a medical student in Kolkata point to a disturbing regression
With its incursion into Russian territory, Ukraine crossed a red line with respect to the terms on which the Western allies extended it aid, potentially altering the dynamics of the peace process
The new modified pension scheme is better than OPS, but switching to NPS was one of the biggest reforms in recent decades and would have benefited the country in the long run
It must provide a level playing field and not differentiate between platforms based on ownership and investment. A neutral policy will help boost investment, create jobs, and increase consumer welfare
Although there is no need to raise the alarm at this stage, the government should focus on raising awareness among the public and prepare contingency plans
High food inflation can lead to the unanchoring of inflation expectations, which could significantly complicate overall inflation management
Doing so, especially given their constrained fiscal space, would help states ensure the subsidies are better aligned with their intended objectives and public funds are used more efficiently
Given the current level of public debt and deficit, India's public finances will need deft management both at the Union and state levels
As the fiscal space tightens, it will be important for private investment to pick up to sustain economic growth over the medium to long term
Together with the escalation in Pakistan-sponsored terrorism in Jammu, the deteriorating security architecture in Myanmar and Bangladesh will test the Indian government in new and complex ways
It is important for policymakers in a rapidly changing economy to have timely and accurate data for making effective policy interventions
In the wake of climate change and the pressing need for sustainable agricultural practices, artificial intelligence-based solutions and geospatial technology can change India's agricultural landscape
But the government would do well to maintain the overall representation of reserved categories at different levels of bureaucracy as mandated by relevant rules