Reviewing the chequered history of bank nationalisation in India, former Reserve Bank of India Governor Y V Reddy raises some pertinent questions about the governance of state-owned banks, including how the common man in the rural areas will cope with the disappearance of the smaller ones. Elsewhere on the opinion pages the state of India remains in focus. Kanika Datta sums up the views.
This regime has established a laser-focus on project execution.
As Dhiraj Nayyar points out, the process of policymaking must also be put through the same kind of rigour.
R Gopalakrishnan draws on popular history and myth to argue for economists, businessmen, policymakers and upright citizens to raise their voices for a dialogue of alternatives to generate ideas for action in economic and social reform.
Vinayak Chatterjee describes how vast networking programmes are overshadowing traditional infrastructure projects.
The PM made a valid point about the urgent need to eradicate malnutrition but the business-as-usual approach needs to be changed to achieve this, says the second edit.
The simmering protests in Hong Kong are likely to be a serious setback to China’s quest for integration with the global financial market and a challenge to its “one country, two systems” creed, says Shyam Saran.