Best of BS Opinion: Green shoots in financial sector, price hike, and more

Illustration by Ajay Mohanty
There’s an unreal quality to politics these days. Discontent over the Citizenship Amendment Act is boiling over into police excesses on campuses. But in jobless, Naxal-infested Jharkhand Amit Shah talks talks to voters about building a sky-touching temple in Ayodhya. It is unclear if anyone in government has absorbed IMF economist Gita Gopinath’s urgent advice on the importance of keeping the fiscal deficit in check. Or Moody’s dismal sub-5 per cent growth projection revision for FY20. Standard & Poor’s recently threatened a downgrade. Have the ratings agencies got it wrong? T T Mohan Ram says here that green shoots in the financial sector are visible but the structural weaknesses are considerable still. In other views, writers mull the future of the markets, the government’s mammoth rebuilding programme for Delhi and drug price controls. Kanika Datta sums up the views.

It's been a tough year for fund managers and many global investors have questioned whether India is the long-term market it was made out to be. 2020 will be the last year to prove otherwise, says Akash Prakash here

The top edit argues for greater transparency in the programme for the makeover of the capital’s central spaces. Read it here

The government’s recent move to raise sharply the price of ceiling on 21 drugs underlines yet again the importance of doing away with drug price controls, says the second edit here 

“These two are not Krishna and Arjuna. They are Shakuni and Duryodhana. Stop attacking #universities! Stop assaulting #students!
Tweet by southern actor Siddharth

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel