Here is the best of Business Standard's opinion pieces for Wednesday.
The Reserve Bank of India is reportedly contemplating approaching the Union government to ask for tax benefits for retail investors investing in government bonds through its new platform. In this context, our lead editorial argues that the idea of extending tax benefits to encourage retail participation in the government bond market is unnecessary and must be avoided. The central bank has done well to increase the ease of investing in government bonds for individual investors, but there is no real need to push them to opt for it.