The government is reportedly planning to introduce a sunset date for tariff protection in various industries. In this context, our lead editorial notes that this would make it clear to all manufacturers that they will face more competition from a specific date, which hopefully would force them to become competitive. Open-ended protection would affect competitiveness and potential growth in the medium to long run. Read here
If India has peaked once, it must maintain the flattened trajectory of the Covid curve. Neither the economy nor the healthcare system would be able to deal with another peak.
The next few weeks would be a big test for both state administrative agencies and citizens in general, argues our second editorial
It is one thing to lower interest rates for borrowers through a reduction in the big interest margin that banks keep in India and another to lower interest rates through the RBI. We are stressing too much on the latter and not worrying adequately about the former, writes Gurbachan Singh
The auctioning of publicly held resources is welcome as it ensures transparency and reduces the scope for corruption. But auctions must be designed to serve the common good, as required by the Constitution, and have clear safeguards against collusion and manipulation, writes Nitin Desai
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