RBI curbs rapidly growing unsecured lending. It must introspect why action took so long
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RBI curbs rapidly growing unsecured lending. It must introspect why action took so long

ThePrint view on the most important issues.

   
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ThePrint

RBI has finally decided to curb rapidly growing unsecured lending, and not a moment too soon. Societal damage inflicted by banks and NBFCs through unscrupulous recovery practices needs an immediate stop. Finance Minister has spoken in Parliament about this. RBI must introspect on why it took so long to act.

Govt right to worry about deepfakes. But exercise caution on the control ceded to State

Modi government is right in expressing concern about the rise of AI and deepfakes in public sphere. Regulation is needed to ensure this doesn’t poison social relations. But there needs to be abundant caution on how much control and authority citizens end up ceding to the government in this process.

Modi meeting journalists for Diwali Milan is healthy practice. He should do it more

PM Modi meeting journalists for Diwali Milan is a healthy practice except that he needn’t wait for an annual festival to have such interactions. Modi speaks candidly at such events that give reporters a glimpse into his thinking. They are also an opportunity to engage with ministers and BJP members.