The idea of establishing a bad bank to address mounting NPAs is gaining currency and wrongly so. It is a temporary fix and cannot address deep-rooted problems of PSU banks. Allowing bankruptcy process to work efficiently, permitting new banks, including foreign-owned ones, are better options. Bad bank is bad economics.
Uddhav must forget linguistic politics, its time is over. Instead, focus on governance
Uddhav Thackeray’s statement about incorporating Karnataka’s Marathi-speaking people into Maharashtra was unnecessary and irresponsible. Reorganisation of states on linguistic lines is a settled matter. Politicians must stop misleading people by raking it up. Politics of linguistic identity is a zero-sum game in India today. Maharashtra CM must focus on governance.
Indian politicians must follow world leaders in taking vaccine shot. Will boost faith, remove doubt
From Joe Biden to Benjamin Netanyahu to Joko Widodo, global leaders are taking the lead in Covid vaccine shots, but Indian politicians are conspicuously absent. So are celebrities. Both need to step forward, set an example and boost public confidence in vaccines, especially because of naysayers spreading disinformation and doubt.