Best of BS Opinion: Review PMFBY, banks and the contagion & more

From the reasons the government needs to step in as the provider of capital of last resort and why the small finance banks and the micro finance institutions might be more insulated from the current financial crisis to how the PMFBY seems to be losing the confidence of its stakeholders, here's a selection of Business Standard Opinion pieces for the day.

A more caring India would provide for Universal Basic Income, writes Jaimini Bhagwati, former Indian ambassador and World Bank finance professional. Click here to read...

While the projected contraction in output in the current financial year would