Here are the best of Business Standard's opinion pieces for Thursday.
The Union Cabinet’s decisions on Wednesday are vital steps towards reviving the embattled telecommunications sector in India and preserving its competitive nature. Of these, one major improvement— long sought by telecom companies – is the rationalisation of the definition of “adjusted gross revenue” or AGR, which serves as the basis for companies’ dues to the government. In this regard, our lead editorial notes that the next steps must be taken by the companies themselves. They still have the debt burden to deal with, and creating a sustainable business model