Best of BS Opinion: Tax terrorism, govt's financial constraints, and more

Illustration by Binay Sinha
Industry’s demands and the government’s response leave a lot of gaps. They seem to diverge at most points even though both acknowledge they complement each other. However, there are a few encouraging sectors. But if laws themselves are draconian, the answer to it has to be found in the larger political economy. Uddalok Bhattacharya sums up the views

If the mood in the finance ministry is an indication, all schemes and projects will be under watch. A K Bhattacharya sums up. Read here
 
The provisional data from the livestock census shows improving productivity and geographical spread, says Neelkanth Mishra. That said, more needs to be done. Click here to read  

No point blaming income-tax officers, says Debashis Basu. The problem is the laws and the way they are administered. More details here  

Reviving animal spirits requires the belief that industry is honest, we have a right team of reformers, and rewarding enterprise and entrepreneurship. Naushad Forbes analyses the issues 

 
Quote of the day

Though education on legal topics is in school and college curriculum, it should go beyond awareness. What instead is required is movement from near awareness to engagement— Chief Justice of India Ranjan Gogoi