Business Today readers' feedback on magazine's coverage

Business Today readers share their feedback on the magazine's coverage.

Bank NPAs: A Catastrophe?

This refers to your cover story Wrecked by Debt (April 26). The piece is, indeed, an eye-opener. If the present state of affairs and the trend of rising non-performing assets (NPAs) continue, our banking sector may soon be on the edge of a major financial disaster. Necessary strategies need to be planned and implemented soon to prevent any such catastrophe. These NPA accounts can be avoided by properly studying projects before taking a lending decision, ensuring compliance of all terms and conditions of sanction, and closely monitoring accounts. So far, banks have referred NPAs of 647 companies, amounting to Rs 4,52,940 crore, to the CDR Cell as of December 31, 2014. Like good doctors, let the banks not treat the symptoms but treat the disease itself, so that deterioration in the quality of assets is checked in time and further damage is averted. - J.S. Broca, New Delhi

A Win-win Approach

This refers to the interview with Kalyani Group Chairman Baba N. Kalyani (April 26). Definitely, he is an entrepreneur of substantial achievements. He is forthright and pragmatically hopeful of doing ethical business with our defence resourcing channels. Prime Minister Narendra Modi in his speech at Aero India 2015 had also pointed to his business acumen. His keenness for simplified systems and procedures in the defence procurement supply chain are worthy of support. After all, it will be a win-win approach both for the government and Indian private manufacturers of defence equipment. His Rs 1,000-crore investment plan indicates that though his defence ventures have not met with the desired results, he is passionately aiming for success in the future. Kalyani is hoping to substantially increase the avenues for supplying arms and ammunition to the defence sector. - B. Rajasekaran, Bangalore

Best Deal for a Prudent Investor

This refers to your special report on investment, Where to Invest in 2015 (April 26). The right strategy for a prudent investor is to invest in different kind of instruments, so that in case some money is lost, it will still be a small amount. The safest avenues are tax-free bonds, public provident fund (PPF), post office saving schemes like National Savings Certificate and Kisan Vikas Patra. A little amount can also be invested in share market. - Mahesh Kumar, New Delhi

On www.twitter.com/bt_india

"India to have more modern, friendly tax regime, says Finance Minister Arun Jaitley." - I think our government takes more taxes than the British era. - Avik Mukherjee, @avik_blitz

"RBI Governor Raghuram Rajan receives threatening e-mail, security beefed up." - It's sad that the best and the brightest, whose good work impacts billions, are subjected to this. - Surendra Vijen, @SurendraVijen

"Need to make agriculture profitable to improve lives, says Madhya Pradesh Chief Minister Shivraj Singh Chouhan." - Fifty per cent of labourers are dependent on agriculture. Certainly, farming should be profitable. - Chintamani Dwivedi, @97b297ac03b448a