Economic Times Story on 03.11.12: Growth vs Inflation: P Chidambaram and D Subbarao may discuss the issue in Mexico
Comments of MILAN K SINHA (PATNA)
03 Nov, 2012 06:14 PM
It is good that top functionaries of the government are likely to have a meeting during the G-20 meeting in Mexico. We appreciate the complex problem of tackling both the important issues of sustaining growth and controlling inflation in the light of multiple internal and external factors. But, if we fail to identify and accept the real issues responsible for deceleration in growth of economy and for contributing higher rate of inflation, then any and many such meetings would end with nothing but again with another story or so of not having a successful meeting of minds despite a costly meeting at the cost of tax payers' money. Undoubtedly, our problem as many experts perceive, is basically of our own making. Notwithstanding, even today if the central government resolves firmly to act decisively on reducing its expenditure drastically, ensure compliance of extant rules & regulations at all levels, reward the honest & punish the corrupt officials without favour, review minutely the performance of PSU to effect efficient management of investible fund and also their NPAs, the change for the better can be registered within a limited period for everyone to see & appreciate.
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Comments of Milan K Sinha (PATNA) in
The Times Of India dt. 03.11.12
Dear Reader,
Your comment on the article ''Aakash tablet to be showcased at UN'' is now displayed on timesofindia.com.
''As the report itself says : Aakash was launched in October last year by the Indian government to make available computing devices to students at subsidised rates, so the question arises as to why the government failed to ensure availability of Aakash even after a lapse of more than a year to atleast those thousands of students, if not all eligible students, who registered themselves for getting it fast. Secondly, in this world of competition and innovation, it must be seen and answered by the those who venture to showcase it at UN as to how Aakash is placed now in the market as far as its quality and price is concerned. The Central Govt. must look into this issue in totality and very meticulously to find out the competitive quality and marketability otherwise it may prove to be another scam only to benefit Datawind or so. And then, at least Mr. Moon (UN Secretary General Ban Ki-moon) will find Aakash full of dark clouds!''
Will meet again with Open Mind. All the Best.
Comments of MILAN K SINHA (PATNA)
03 Nov, 2012 06:14 PM
It is good that top functionaries of the government are likely to have a meeting during the G-20 meeting in Mexico. We appreciate the complex problem of tackling both the important issues of sustaining growth and controlling inflation in the light of multiple internal and external factors. But, if we fail to identify and accept the real issues responsible for deceleration in growth of economy and for contributing higher rate of inflation, then any and many such meetings would end with nothing but again with another story or so of not having a successful meeting of minds despite a costly meeting at the cost of tax payers' money. Undoubtedly, our problem as many experts perceive, is basically of our own making. Notwithstanding, even today if the central government resolves firmly to act decisively on reducing its expenditure drastically, ensure compliance of extant rules & regulations at all levels, reward the honest & punish the corrupt officials without favour, review minutely the performance of PSU to effect efficient management of investible fund and also their NPAs, the change for the better can be registered within a limited period for everyone to see & appreciate.
Comments of Milan K Sinha (PATNA) in
The Times Of India dt. 03.11.12
Dear Reader,
Your comment on the article ''Aakash tablet to be showcased at UN'' is now displayed on timesofindia.com.
''As the report itself says : Aakash was launched in October last year by the Indian government to make available computing devices to students at subsidised rates, so the question arises as to why the government failed to ensure availability of Aakash even after a lapse of more than a year to atleast those thousands of students, if not all eligible students, who registered themselves for getting it fast. Secondly, in this world of competition and innovation, it must be seen and answered by the those who venture to showcase it at UN as to how Aakash is placed now in the market as far as its quality and price is concerned. The Central Govt. must look into this issue in totality and very meticulously to find out the competitive quality and marketability otherwise it may prove to be another scam only to benefit Datawind or so. And then, at least Mr. Moon (UN Secretary General Ban Ki-moon) will find Aakash full of dark clouds!''
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