Best of BS Opinion: Lessons from a tax cut, national agri market & more

Here are the top BS Opinion articles of the day

Signs that the global economy is rapidly losing its post-Covid-19 momentum are evident in the less optimistic forecasts by the major multilateral institutions. Worldwide inflationary trends, the uncertainty caused by the Russia-Ukraine war and a possible slowdown in China, a major driver of global growth, are all likely to result in lower global growth, a development that will impact India too. Attaining higher medium term growth, therefore, will remain a big challenge, the top edit points out. Read it here

In other views:
 

A K Bhattacharya examines the impact of the new corporation tax structure that was introduced in 2019 and concludes that fears of huge revenue losses were exaggerated. Read it here

C K G Nair & M S Sahoo discuss the conceptual problem with Special Purpose Acquisition Companies or SPACs. Read it here

The second edit explains why the launch of a composite portal to provide agricultural marketing-related services through a single digital platform will address a major lacuna that hindered the electronic National Agricultural Market from serving as a pan-India bazaar for agricultural goods. Read it here

QUOTE OF THE DAY

‘Never have we walked away from investing in India, never have we slowed our investments’

Gautam Adani at a group company AGM