Opinion Best of BS: Trade imbalance, deficient distribution, etc.

India’s merchandise trade deficit hit a new high in July.

In this context, our leading editorial notes that while the government hopes to meet the $500 billion export target for the current year, India needs a more pragmatic trade policy to boost exports. sustainably, which will not only ensure lasting external stability, but also increase overall economic growth. Read here

To give the telecom sector a boost, legislation can be crafted to convert spectrum auction payments into a reasonable percentage of revenue, writes Shyam Ponappa. Read here

Lower rainfall in some key regions will affect rice production, our second editorial notes. Read here

QUOTE OF THE DAY “Populist regimes distort voter decision-making. This is how we are heading towards an economic catastrophe.”

Solicitor General Tushar Mehta

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