The government's approach has been to throw money at the problem and mandate reform from above. The reform never happens, or it does not make a difference.
News channels were also in two minds about removing stray dogs to the government dog pounds. NDTV took credit for it and CNN-News 18 called ‘controversial order’.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
(1) To say that “Private and foreign banks don’t draw on public resources to conduct their business” is not right. After all, it is the money of the public that goes into these banks too. (2) Despite these problems, the sense of security is more with Govt owned banks as people have the assurance that the Govt will stand by them. (3) In India, we do not have more than a dozen groups that can think of owning and running a bank. This will mean too much concentration in too few hands. What if they themselves go bankrupt and even run away ? (4) Too much emphasis should not be put on the stock market value to assess the perception of the general public towards banks. Investors in stock market are far less and they have many other factors guiding their investment decisions. Many people still believe in the safety of Govt owned banks.
(1) To say that “Private and foreign banks don’t draw on public resources to conduct their business” is not right. After all, it is the money of the public that goes into these banks too. (2) Despite these problems, the sense of security is more with Govt owned banks as people have the assurance that the Govt will stand by them. (3) In India, we do not have more than a dozen groups that can think of owning and running a bank. This will mean too much concentration in too few hands. What if they themselves go bankrupt and even run away ? (4) Too much emphasis should not be put on the stock market value to assess the perception of the general public towards banks. Investors in stock market are far less and they have many other factors guiding their investment decisions. Many people still believe in the safety of Govt owned banks.