Best of BS Opinion: Farming on the cusp of change, corporate results & more

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

With headline inflation breaching the Reserve Bank of India’s upper range, analysts are generally agreed that the central bank’s room for manoeuvre in cutting the policy rate is limited. Assessing the four-year term of the three external members of the monetary policy committee (MPC), the second edit explains here why the central bank may not cut rates in the near term. And, as Ajay Shah points out in his column, “monetary policy is pursuing the right objective but is currently ineffectual”. So, the problems that preceded the outbreak of the pandemic and continue now call for institutional reform