Here is the best of Business Standard's opinion pieces for Wednesday.
According to the International Monetary Fund, India’s potential growth over the medium term is expected to be around 6 per cent. In the given circumstances, this sounds reasonable. But there is no reason why India should not work to push up medium-term potential growth. In this context, it is vital to have an institutional mechanism to make regular macroeconomic assessments and provide policy recommendations. In the given construct, the NITI Aayog can be asked to regularly present a medium-term assessment of the Indian economy. Besides improving the general