Letters to the Editor

Business Today readers give feedback on the magazine's coverage in the March 15, 2015 issue.

FUTURISTIC CITIES

This refers to your cover story on smart cities (A Tale of 100 Smart Cities, March 15). It is quite interesting and futuristic. In the near future, disposal of garbage and sewage water treatment will probably become a necessity. Very importantly, sewage water must be recycled, even for drinking purposes, so that one can guarantee minimum water supply to all. Our people should be taught properly to segregate the waste so that water is recycled, and may be only five per cent of it goes for disposal.

G. Venkataraman, Mumbai

ENERGETIC LEADERS

This refers to your special report on the brightest corporate performers under 40 (Hottest Young Executives, March 15). Kudos to the BT team for spotting the talented young leaders, because identifying them early is easier said than done. All the 17 young and energetic leaders deserve numerous accolades for nurturing innovation and leveraging technology efficiently.

Namita Mahapatra, New Delhi

VIGILANT OUTLOOK

This refers to the interview of Reserve Bank of India Governor Raghuram Rajan (March 1, 2015). The interview talked about the interventions carried out by the RBI under Rajan's leadership to resolve various issues and the short- and long-term programmes to tackle numerous problems. His vigilant outlook has helped improve banking and financial processes. However, it must be mentioned that monetary policy needs to be completely revamped to suit changing requirements. State-run banks must follow broad-based annual prescriptions of the RBI in tandem with the government's policies. The pending reforms in the banking sector must be aligned to the global winds of change. B. Rajasekaran, Bangalore

WORRYING DIVESTMENT

This refers to an article on disinvestment (LIC to the Rescue, March 1). One worrying issue in disinvestment is the suspected "group looting" in collaboration with merchant bankers, by raising the share prices of public sector undertakings like NHPC and Hindustan Copper. Indeed, retail investors have lost heavily. Also, Life Insurance Corporation and other state-run institutions buying shares in disinvestment at these high prices does injustice to their investors and to the people at large. This needs to be corrected.

S. Sadasivan, on e-mail