Best of BS Opinion: When the chickens come home, Covid-19 crisis, and more

Former Reserve Bank of India (RBI) Governor Urjit Patel’s new book, which was released on Friday, notes that the dilution in the bankruptcy law resulted in disagreements between the central bank and the Union government. The government and other stakeholders wanted the RBI to dilute the February 2018 circular. It was eventually diluted but might affect the ability of the banking system to contain non-performing assets. 

Business Standard opinion pieces for the day, among other things, talk about why it’s important for the government to re-examine its approach.

As someone said, it is not enough to have a strong government,