This refers to “BJP resorting to destructive politics” (Business Line, August 24).
It is hard to understand why the BJP is hell-bent on ensuring the Prime Minister’s resignation, even at the cost of stalling Parliament functioning. Rather, the BJP must stress discussion and debate over the CAG report on coal blocks, because that will give an insight into what went wrong and how it was dealt with by the Prime Minister. This is especially because, as we all know, the figure disclosed by the CAG might not be accurate.
The BJP should have been willing to take on the Government in a debate, more so when NDA allies are keen on it, rather than disrupt Parliament. It seems that ego has superseded logic. The BJP must introspect and act on what is in the larger interest.
The editorial, “Economic real(i)ty” (Business Line, August 23), calls for expediting the measures to promote investment. The slowdown in the Indian economy is because of the lack of a consistent investment policy.
Economic reforms have been derailed due to the absence of political will.
The Government could not avert the two-day strike by banks through negotiations. Both, domestic and foreign investments have dipped due to the Government’s lethargy.
There are indications that some of the investments originally meant for India have gone to other investor-friendly countries.
The slowdown in the realty sector is a result of the general economic weakness. A correction in the property market, however, is already underway.
C.P. Velayudhan Nair