Best of BS Opinion: Expansion worries, the case for status quo, and more

Here is the best of Business Standard's opinion pieces for today

On August 22, the heads of government of the Brics nations — Brazil, Russia, India, China, and South Africa — are due to meet for a summit. Ahead of this meeting, however, major questions have already begun to emerge about the possible expansion of the grouping. In this context, our lead editorial notes that the logical approach to expanding Brics is to insist that it be done gradually and by consensus, include objective criteria, and not be driven by momentary shifts of geopolitical alignment. Read here

In other views:
 

An alliance formed solely to oust Narendra Modi is simply not the right vehicle to steady the economic ship, writes R Jagannathan. Read here
 

 

Biosimilars market in India is expected to grow more than 25 per cent annually to cross the $2-billion mark by 2030, from $350 million now. But the market will look up only if we don’t drop the guard in regulating the pharma industry, writes Nivedita Mookerji. Read here
 

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“Today, trust surplus is seen both in policies and hard work of the people in the country”
 

Prime Minister Narendra Modi