Beacons of hope

In the liberalised world of today, everything has a market-based, indexed price

Image
Business Standard
Last Updated : Aug 29 2017 | 10:53 PM IST
With reference to R C Mody’s letter, “Guidelines of wise men” (August 29), it is comforting to see that there are several veteran former bankers, who lived in an era during which corruption was not an essential ingredient of politics and business; institutions such as the Reserve Bank of India, the Supreme Court, Election Commission and the government existed separately and with people at the helm, who were aware of the contours of their responsibilities, even if some of them could not get things done in the manner they would have wanted to. Mody is one among them and reading his letter, I feel proud about his willingness to share his memories.

In the liberalised world of today, everything has a market-based, indexed price. Still, people like Mody keep the beacon of hope alive.

M G Warrier, Mumbai

Letters can be mailed, faxed or e-mailed to: 
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg 
New Delhi 110 002 
Fax: (011) 23720201  ·  E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story