'The cover story on reforms was informative'
It analysed how the UPA government, led by the Congress, has failed to
check rising inflation and angered the nation with its economic
decisions on foreign direct investment and increase in diesel and LPG
prices.
Subsidies Still Needed
The cover story on reforms (Half Measures, October 14) was informative. It analysed how the UPA government, led by the Congress, has failed to check rising inflation and angered the nation with its economic decisions on foreign direct investment and increase in diesel and LPG prices. For economic growth, subsidies have to go, but this does hurt the financially-weaker sections. Some financial support for them is both essential and inevitable. The government must continue some subsidies till the financial condition of the poor improves. The deficit on revenue account should be reduced by cutting government expenditure, including the subsidies enjoyed by members of Parliament, not those that help poor people.
Mahesh Kumar, Delhi
No More a Man's World
More women are doing business successfully in India (The Most Powerful Women in Indian Business, October 14) than ever before. This is even true of politics. It shows that voters judge women leaders by their calibre and nothing else. With women as heads of several states - Sheila Dixit in Delhi, Jayalalithaa in Tamil Nadu, and Mamata Banerjee in West Bengal - men are now at the mercy of women in politics. Who says women are the weaker sex?
M. Kumar, Delhi
Coal Future
The column discussing the coal scam ('Coalgate' Response Shames Us All, October 14) provides great clarity of thought on the whole gamut of issues involved in the allocation of coal blocks and the subsequent uproar in Parliament following the critical report by the Comptroller and Auditor General. Samir Barua's astute analysis has brought out all the dimensions and has proposed practical measures to make the allotment process corruption free, so that the nation can benefit. His suggestions relating to the economic valuation of allotted coal blocks and long-term power purchase agreements were impressive. The government must come forth with a fair decision on the coal scam. Or else, voters will definitely haul them over 'Coalgate' in coming elections.
B.Rajasekaran, Bangalore
Legend in His Lifetime
No amount of praise can be too high for Verghese Kurien, who made India, once a milk-deficient nation, the largest milk producer in the world. (Milkmen's Messiah, October 14). He has left behind a rich legacy to inspire us. He was a man of vision. The names 'Kurien' and the small town in Gujarat called 'Anand' are truly inseparable. You have rightly noted that he would have ended up as one of the richest men in India, had he thought of profiting from the milk revolution he launched. But that was not his wish. He lived life with a genuine purpose and accomplished it.
Srinivasan Umashankar, Nagpur
Correction
The story Mounting Ambition (Sept. 30) says the IPO price of Take Solutions was Rs 720. This should have been adjusted to Rs 72 on account of a stock split for an accurate comparison with the current market price. We regret the error.
The cover story on reforms (Half Measures, October 14) was informative. It analysed how the UPA government, led by the Congress, has failed to check rising inflation and angered the nation with its economic decisions on foreign direct investment and increase in diesel and LPG prices. For economic growth, subsidies have to go, but this does hurt the financially-weaker sections. Some financial support for them is both essential and inevitable. The government must continue some subsidies till the financial condition of the poor improves. The deficit on revenue account should be reduced by cutting government expenditure, including the subsidies enjoyed by members of Parliament, not those that help poor people.
Mahesh Kumar, Delhi
No More a Man's World
More women are doing business successfully in India (The Most Powerful Women in Indian Business, October 14) than ever before. This is even true of politics. It shows that voters judge women leaders by their calibre and nothing else. With women as heads of several states - Sheila Dixit in Delhi, Jayalalithaa in Tamil Nadu, and Mamata Banerjee in West Bengal - men are now at the mercy of women in politics. Who says women are the weaker sex?
M. Kumar, Delhi
Coal Future
The column discussing the coal scam ('Coalgate' Response Shames Us All, October 14) provides great clarity of thought on the whole gamut of issues involved in the allocation of coal blocks and the subsequent uproar in Parliament following the critical report by the Comptroller and Auditor General. Samir Barua's astute analysis has brought out all the dimensions and has proposed practical measures to make the allotment process corruption free, so that the nation can benefit. His suggestions relating to the economic valuation of allotted coal blocks and long-term power purchase agreements were impressive. The government must come forth with a fair decision on the coal scam. Or else, voters will definitely haul them over 'Coalgate' in coming elections.
B.Rajasekaran, Bangalore
Legend in His Lifetime
No amount of praise can be too high for Verghese Kurien, who made India, once a milk-deficient nation, the largest milk producer in the world. (Milkmen's Messiah, October 14). He has left behind a rich legacy to inspire us. He was a man of vision. The names 'Kurien' and the small town in Gujarat called 'Anand' are truly inseparable. You have rightly noted that he would have ended up as one of the richest men in India, had he thought of profiting from the milk revolution he launched. But that was not his wish. He lived life with a genuine purpose and accomplished it.
Srinivasan Umashankar, Nagpur
Correction
The story Mounting Ambition (Sept. 30) says the IPO price of Take Solutions was Rs 720. This should have been adjusted to Rs 72 on account of a stock split for an accurate comparison with the current market price. We regret the error.
