What chances for the employment guarantee and such populist schemes to succeed? New Delhi environment is lately very tentative. Though the Congress-led coalition government is in office for 20 months, the focus and direction of the government is not purposeful. Instead of any cohesion, there is a weakening of the collective will of the government….
Author: V.Isvarmurti
Bank Chairmen! Please read this!
It is an irony that as we type this note comes the news that RBI had punished 7 banks, private, foreign and PSU banks for violating IPO norms! The fines for the IPO scams run from Rs.25 lakhs to 5 lakhs. The point is that some of the superstars are also found to be indulging…
Our democracy’s success story
Some unasked and unanswered questions! India should get prepared for new roles in this century! Not look to the UK or USA for guidance. So, India has to maintain its friendly relations and talk things out and solve some of the outstanding problems with China, Pakistan and neighbours. The 58th Independence day came and gone….
Karnataka aims for an advanced state status?
Karnataka politicians are pragmatic men! AP, Kerala, TN are in pro-active mode Now, among the most developed states, those in the South, Karnataka and AP and next Kerala too are going for new big projects to stay in the advanced states league. Karnataka has come out with a S&T policy that spells out many innovative…
Independence day speeches
Prime Minister’s many promises not much for agriculture! Any small landownership is seen as a political liability! It is here the problem for reforming agriculture starts. Energy security, the President stressed. Very important. Poverty, we will eradicate, the PM asserted standing on the Red Fort. So, dignified the speech, so convincing the arguments. We could…
Too much fancy talk in agriculture
Too little practical wisdom in agriculture We have just spent a week in the village and had come back to Bangalore. What impressions we get? There is too much fancy talk about agriculture as reported in the English press. There is now news about setting about knowledge centres in the villages! As if this is…
NGOs haven’t changed rural India’s face!
What hopes NGO would make a change this time? President Abdul Kalam inaugurated a three-day national summit on rural NGOs in Delhi in April. He spoke with much candour and conviction. What he said is that a large number of NGOs that get lots of foreign funds don’t spend them properly. The funds don’t reach…
Economists don’t promote economic growth!
Political, historical and technological factors. International scenario. These only help or hinder the economic progress of a nation. We need a more openly-debated economic policy too! There is a superficial belief that Dr.Manmohan Singh is an economic expert. He is! Also there is this belief that economic experts can promote economic growth. This belief is…