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Best of BS Opinion: Open-ended tariff protection, low interest rates & more

Here's a selection of Business Standard opinion pieces for the day

auction, documents, government, prodedure, business, red tape
Illustration: Ajay Mohanty
Rajesh Kumar New Delhi
2 min read Last Updated : Oct 21 2020 | 1:11 PM IST
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
 
Other opinion pieces talk about Covid, interest rates, and auction of resources.
 
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
 

Topics :CoronavirusBS OpinionCurated ContentTariff hiketrade protectionismCompetitivenessIndian EconomyInterest Ratesauction

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