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Letters to the editor dated April 7, 2021 | Updated on Covid’s second wave With reference to news report ‘Next 4 weeks critical to battle 2nd Covid wave: NITI Aayog’s Paul’ (April 7), it is really an alarming situation where the Covid pandemic is once again reappearing in the country with greater intensity and mutants. Social distancing and other safety norms are not being enforced properly, which is a cause of major worry for the country. All the financial efforts put up by both the Centre and the States are just going into the drain. State governments must immediately start penalisi...

Letters to the Editor — April 2, 2021 April 02, 2021 00:02 IST Updated: April 02, 2021 00:02 IST Updated: Share Article Rate reversal The Central government’s flip flop on the interest rates of small savings schemes such as the PPF has confirmed the worst fears of the public. That the order was then taken back in less than half a day only suggests that the government has no idea how to steer the economy, leave alone manage its borrowings in this crucial time. The Finance Ministry, by sheer practice, has become more adept at drafting demand notices than monetary policy. Rachit Bhatia, Hyde...

Letters to the editor dated March 17, 2021 | Updated on Bad Bank essential This refers to ‘How to make good assets with a 'Bad Bank'’(March 17). While among others, the health of financial intermediaries is crucial in driving economic growth and social development, it is also imperative to sustain the quality and value of the assets created by the lenders. However, in the course of the banking business, particularly pertaining to the deployment of funds, the transformation of good money or assets to stressed and bad assets in large numbers is crippling credit expansion and eventually the ...

Letters to the editor dated March 12, 2021 | Updated on GST on petroleum products This refers to the editorial ‘Fuelling GST’ (March 12). In 2017, when the APM (Administrative Price Mechanism) was dismantled to move to daily revision of petrol and diesel prices, it was hailed as a significant economic reform process. Political parties were vying with one another to claim credit for this transition since it was widely perceived that government would not have any role in deciding the retail price of petrol and diesel that were tagged to international prices of crude oil with fixed excise du...

Women and WFHThis refers to ‘Not all women benefit from WFH’ (March 8). While it was expected that more women would take up jobs during the pandemic and lockdown through the WFH mode, in reality it ha