SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
I find this guy totally lost and in barrage of interviews this week, he is saying contrary things.
– In an interview few days ago he said that Ayushman Bharat was not going to show results in short term as money did not reach people directly and now he says that “I like the idea of Ayushman Bharat.”.
– He says “However, there is a huge potential for fraud (in the scheme) and that needs to be fixed,” but this is true with every government scheme including NYAY, MNREGA, etc.
– And as other comments mentioned above, PSU’s hemorrage money.
In my personal opinion, inflation impacts everyone and hurts the poor, middle class & salaried class the most. Without the “clamp down” on support prices, only the rich (large landholding) farmers profit since increase in support price is directly proportional to a farmer yield (farm output) and therefore poor farmers do not get any benefit.
That privatisation raises resources to reduce the fiscal deficit is itself conceptually wrong. Capital assets are being sold to cover a revenue deficit. Unsustainable, once they are gone. The real reason should be to stop the continuing haemorrhage of resources in the form of losses they incur, made up through bank recapitalisation, for example. The other justification to move the management from government with its political compulsions and bureaucratic procedures to efficient private sector management. One says this a little diffidently because India Inc is throwing up some very dodgy characters as well.
Correct. As long as a company is owned by government there is a greater tendency to bail it out through tax payer’s funds. Right now tax payer’s funds are being siphoned off by private companies through government owned banks. So dodgy characters in the private sector only thrive because they have a cosy arrangement with government owned banks. The solution is for government to get out of running businesses and banks. The primary task of a government is the welfare and security of those in whose name it rules, not running banks and businesses.
I find this guy totally lost and in barrage of interviews this week, he is saying contrary things.
– In an interview few days ago he said that Ayushman Bharat was not going to show results in short term as money did not reach people directly and now he says that “I like the idea of Ayushman Bharat.”.
– He says “However, there is a huge potential for fraud (in the scheme) and that needs to be fixed,” but this is true with every government scheme including NYAY, MNREGA, etc.
– And as other comments mentioned above, PSU’s hemorrage money.
In my personal opinion, inflation impacts everyone and hurts the poor, middle class & salaried class the most. Without the “clamp down” on support prices, only the rich (large landholding) farmers profit since increase in support price is directly proportional to a farmer yield (farm output) and therefore poor farmers do not get any benefit.
We love the vegetarians, my wife being one, so long as the rest of us are not forced to eat widows’ cuisine.
That privatisation raises resources to reduce the fiscal deficit is itself conceptually wrong. Capital assets are being sold to cover a revenue deficit. Unsustainable, once they are gone. The real reason should be to stop the continuing haemorrhage of resources in the form of losses they incur, made up through bank recapitalisation, for example. The other justification to move the management from government with its political compulsions and bureaucratic procedures to efficient private sector management. One says this a little diffidently because India Inc is throwing up some very dodgy characters as well.
Correct. As long as a company is owned by government there is a greater tendency to bail it out through tax payer’s funds. Right now tax payer’s funds are being siphoned off by private companies through government owned banks. So dodgy characters in the private sector only thrive because they have a cosy arrangement with government owned banks. The solution is for government to get out of running businesses and banks. The primary task of a government is the welfare and security of those in whose name it rules, not running banks and businesses.