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Best of BS Opinion: Backsliding without broadband, Covid-19 vaccine & more

The instincts underlying vaccine nationalism must not be normalised. The emerging world, including India, has the most to lose if the pressures of the pandemic lead to de-globalisation, argues our lead editorial. We are losing out on so much of our potential in the area of communication because of regulatory constraints, writes Shyam Ponappa The Indian power consumer, in addition to being given the choice of buying green electricity only, might also get to choose the supplier soon, writes Vandana Gombar Quote “The PLI for the food processing sector with Rs 10,900 crore incentive has been approved. The decision is a fitting tribute to our farmers.

Best of BS Opinion: Valuing AT1 bonds, SC right to protect IBC, and more

Best of BS Opinion: Valuing AT1 bonds, SC right to protect IBC, and more
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Best of BS Opinions: Tariff on solar power, Biden s mega stimulus, and more

Punitive tariffs on components for solar power generation and an underwhelming incentive scheme for domestic manufacture are likely to worsen the problems that the sector faces. The clear costs of this policy of protectionism and licensing do not seem to have been weighed properly against the chance that it will create an efficient domestic production base in this sector, says the Other views examine the impact of the Biden administration’s $1.9 trillion stimulus package on emerging market, strategies to deal with inflation and the Covid-19 vaccine. The Biden administration s mega-stimulus could set off a tug of war between growth and inflation and a churn in emerging markets.

Best of BS Opinion: No space for SPACs, NSE trading outage, and more

But, as the edit points out, allowing these opaque entities to operate in India is an exercise fraught with risk, given the market regulator’s limited monitoring capabilities. Instead, a more transparent and easier process to allow start-ups to list would probably work better in India. Read it here Other views examine the urgent need to end the loan moratorium, the future shocks embedded in the National Stock Exchange’s IT systems, a look at the gainers and losers of past technological revolutions and the implication of the Quad’s vaccine project When will the Supreme Court moratorium on bank loans end? If it continues banks, wary of borrowers’ opportunism and distorted credit discipline, may not come forward to lend, writes

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