Page 19 - Letter To Bs

Letter to BS: CAG presents a disturbing picture of govt spending

Hopefully the mandarins in the North Block will make amends in the upcoming interim Budget

Letter to BS: PSBs need reforms to be able to compete with private banks

It's high time comprehensive reforms of these entities are carried out

Letter to BS: Rapid success, impunity motivate businessmen to commit fraud

This gives them time to transfer ill-gotten gains to their various sources making the process of tracing them difficult

Letter to BS: West Bengal govt denies permission to BJP's 'rath yatra'

The Calcutta High Court has gauged the agenda of the organisers of the yatra and has rightly refused permission for the same

Letter to BS: Overall NPA situation improves, but what of MSME lending?

The pressure of bad assets is hampering the growth of the returns on the assets and restricting the lending activities

Letter to BS: Bank recapitalisation no different from farm loan waiver

The recapitalisation is done by equity participation from where the government gets dividend

Letter to BS: Capital infusion and bank-specific reforms must go together

Capital infusion without strong mechanisms for swift recovery of the loans is futile

Letter to BS: Resignation of Urjit Patel hasn't shaken govt either

Government is not worried about the prospect of rating agencies giving a possible downgrade

Letter to BS: Bimal Jalan-led committee to decide on RBI reserve transfer

A bank's profits and reserves have in them a large share of unrealised profits

Letter to BS: Government treats pensions as part of current expenditure

Unfunded pension liabilities are a major consideration in evaluating a business entity's net worth

Letter to BS: Govt dilly-dallying issue of updating RBI's pension scheme

The moot is the double standards adopted by the government when it comes to its own employees versus bank employees

Letter to BS: State governments to face revenue loss after GST rate cuts

GST Council has always been flexible and accommodating

Letter to BS: Bank recapitalisation no different from farm loan waiver

The loan frauds that led to a rise in the bad asset is the result of improper and ineffective systems

Letter to BS: Surveillance must require authorisation from a magistrate

Should be wary of corporate surveillance - from Google, Amazon, Facebook and its associated companies

Letter to BS: Uber picks India as 'world lab' for transport innovations

It is fortuitous that their decision comes at a time when we are indeed fighting with our mobility issues

Letter to BS: Price control is a dangerous drug in economic pharmacopoeia

Price control can have very adverse effects unless it is administered with wisdom and constant vigil

Letter to BS: There are no market mechanisms in India to reward a farmer

Paper being an essential item for education, paper mills had to sell at a price fixed by the government

Letter to BS: Why HAL was not picked as offset partner in Rafale deal?

Focus on indigenous R&D is a must if we have to achieve self-sufficiency in defence production

Letter to BS: Loan waiver is the price paid for votes at cost of exchequer

Loan waiver is not a remedy for the persisting problems of farmers

Letter to BS: RBI should be responsive to changes in the financial system

There have always been attempts by successive governments to lean on the RBI for various issues