Best of BS Opinion: Monetisation lessons from NHAI, recovery risks & more

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

 
The Joe Biden administration in the US plans to spend $1.9 trillion to stimulate economic activity. Such a large fiscal programme would have perhaps lifted confidence in a pandemic-battered economy even until a few months ago. But things have changed quickly: Economic activity is picking up and the expected return of demand with the ongoing vaccination programme is fuelling inflation fears. The 10-year US government bond yields have increased to about 1.5 per cent, compared to a low of 0.5 per cent in August 2020. In this context, our lead editorial notes that higher inflation and sustained increase in bond yields will have wider implications, not only for the US but also for emerging market countries like India.

 
NHAI’s recent experience offers crucial insight into what makes an asset monetisation exercise a success, write Charmi Mehta and Bhargavi Zaveri

 
Kanika Datta talks about the irony in Mamata Banerjee’s decision to stand from Nandigram in this make-or-break Assembly election. Read here   

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“The leader of the Opposition, BS Hooda agreed that they introduced contract farming in 2014 which exhibits their double standards."

Haryana Deputy Chief Minister Dushyant Chautala



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