Gaseous formula

This refers to the editorial “Better bitter” (June 27) which discussed the revision in prices of domestically-produced gas. The price of gas in New York Mercantile Exchange is around $4. I don’t understand the formula based on different markets and taking the average of that price.

The Government should come out with the investment numbers of ONGC in various gas fields so that the people can understand the return on investment they make from these investments and what will happen to this RoI if the gas price is raised to $8.

Without explaining all this to the masses, we cannot raise the price of gas to reflect the prices of import parity. These are big multinational corporations who will have all the required technology to get the gas from any geologically difficult terrain. If they can get adequate RoI with current gas prices nothing can explain this increase in our domestic gas prices.

CR Arun

Email

Teach values

Health Minister Harsh Vardhan’s appeal for adding value education deserves serious consideration. Over the years, under the garb of secularism, all forms of value-based moral education was slowly erased and western cultural practices are encouraged. This is one of the main reasons for many of the ills of society today. Also, our rich culture with values are not at all exposed to our youngsters. Our politicians will be doing great service if they don’t object to moral education on imaginary and deceptive secularism principles.

VS Ganeshan

Bangalore

No further shocks

This is with reference to “Let’s get real about this budget” by SS Tarapore (June 27). Tackling inflation, reducing subsidies and tuning up direct tax systems are the immediate issues to be addressed by the NDA government which inherited a governance system with policy paralysis and an economy that was slowing down. Hence, the new government has to set right the lacunae of the previous regime and to slate a budget with growth orientation, investment flourishing and investor friendly tax structure.

NR Nagarajan

Sivakasi

The need of the hour is patience — both from the Government and the people. The Government should stick to fiscal discipline, address inflation and also expedite the process of disinvestment to mop up finances. Structural reforms in infra and financial sectors will encourage corporates to invest and this will enable economy to kick start. States should be discouraged depleting their finances through freebies.

Sridhar Narasimhan

Email

Reverse swing

It is really surprising that the controversial N Srinivasan, who has been barred by the Supreme Court from carrying out his duties as BCCI president, has been appointed chairman of the International Cricket Council. This means that no power on earth can stop the growth of influential and wealthy persons. Also, it is a big blow to the apex court of India which is known for its fair approach to issues.

S Ramakrishnasayee

Ranipet

When luck runs out

This refers to “Court summons Sonia, Rahul in newspaper case” (June 27). When the going is good, everything is hassle-free and people are blessed with windfalls. But when you run out of luck, bad days follow like dawn follows dusk. This seems to be the case with the Congress leaders.

HPMurali

Bangalore

India first, party next

“Modi’s Nehru moment” by Uday Balakrishnan (June 27) is an objective analysis. It should be annoying to the Congress but facts are facts. Narendra Modi has almost single-handedly won a handsome mandate for the NDA. The people have voted him with hope and a reason.

Now, the onus is on him to deliver. If he shows the tendencies of a benevolent dictator to bring about a paradigm shift for better governance of the country, so be it.

C G Kuriakose

Kothamangalam, Kerala

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