Expected action

| Updated on January 08, 2018

In response to your edit, ‘Cold comfort’ (Octeober 5), clearly, the RBI wants the situation at the global and national levels to stabilise before it cuts key policy rates. It would not be a surprise if it maintains the status quo in the next policy review and implements a cut of maximum 25 bps before we end the fiscal. The important thing is that the gains achieved so far should not be allowed to cut loose.

The Government expects the RBI to consider easing interest rates to incentivise investment and promote economic growth. RBI is in the best position to take the right decision and should be allowed to do so without interference. The government, on other hand, has to ensure greater fiscal prudence. Differences in perceptions and projections have to be sorted out mutually and amicably.

Srinivasan Umashankar


The RBI) has been balanced. Keeping the interest rate unchanged is a boon to senior citizens. RBI has well advised simplification of the GST. But it is heartening the reduction of SLR to enable banks to lend on credit demand.

It is distressing that there are no fresh investments.However, it is welcome that nationalised banks have kept the interest rates competitive. It is up to the Government to re-energise economic reforms.

Jayant Mukherjee


The devil and the deep sea

With reference to ‘The Rohingyas pose a regional challenge’ by G Parthasarathy (October 5), India has been hasty in pleading for deportation of the Rohingyas without studying the possible repercussions of such a move. Unless we get an assurance that they will be welcomed in Myanmar, it would be like sending them to the slaughterhouse.

Compared to the total population of India, the number of Rohingya refugees here is negligible. Best would be to disburse them in small groups across India instead of concentrating their camps in one or two places. Deporting would be an inhumane act. It is understandable that India wants to build relations with Myanmar, but it also has a moral duty to protect a repressed community.

V Subramanian


Pay and motivation

‘Too many dream of a charmed life in academia’ by Noah Smith (October 5) provokes comparison with India where the compensation for full-time university faculty is equitable, yet the quality of teaching is going down. Moreover, too much stress is given to ‘inadequate’ pay for the poor quality of teaching talent and consequent fall in standards. The American example shows that it has more to do with commitment to the profession and motivation to teach.

YG Chouksey


Dealing with disability

We live in a society where people respect others with good physique, complexion, ability to work tirelessly, intelligence, and so on. How about people with disabilities who have the extraordinary ability to pull along every day without complaining? Do we ever stop to admire them for their courage?

Do we encourage a person with disability to take up a job that demands travelling or do we have the patience to help such a person at least for few days? I am yet to find a school or college in India with complete infrastructure to support disabled people. Why do we disregard the needs of 1 in 100 persons with disability in schools, colleges, offices and entertainment complexes? It is strange that I cannot find honest answers today for these questions. While we campaign for Swachh Bharat who will campaign for the needs of disabled people?

Sumathi Suresh


What’s the purpose?

For the proposed State-wide hartal on October 16, postponed from October 13, to protest against the policies of the Centre and the State governments, the Kerala UDF has given enough time for people to stock up on necessities. If the purpose is to highlight the drawbacks in the implementation of GST and protest the hike in fuel prices, a press release or a delegation to Delhi would have done.

KA Solaman

Alappuzha, Kerala

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Published on October 05, 2017
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