SBI had a tough journey in the last 40 years.
'EPFO's investments this financial year should be Rs 1 lakh crore'
'What we are going to see is a large number of white collar jobs getting lost.' 'Job loss can drive people to depression, drugs, alcoholism and even suicide as there is no one to turn to when they are down.' 'There is no in-between now -- things go from a luxurious lifestyle to no lifestyle.'
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
Mohandas Pai took part in an hour-long chat on rediff.com
Indian economy about to take-off
'When Hindus converted through inducements there was no hue and cry, but when reconversions took place, everyone cried foul. If re-conversions are bad, so are conversions.' 'Our government is not getting involved either in conversions or re-conversions. The BJP has nothing to do with it.' Parliamentary Affairs Minister M Venkaiah Naidu in a candid interview.
Kickstarting the Bharatiya Janata Party's poll campaign for Delhi, Prime Minister Narendra Modi on Saturday wooed voters with a host of promises as he singled out 'anarchist' Aam Aadmi Party leader Arvind Kejriwal for attack and asked voters to punish him for "wasting" one year.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
The government has taken a number of steps to address the situation faced by farmers.
Public sector banks are inefficient, poorly governed and beset by largescale corruption.
For all the blame-game over the flood preparedness in Chennai and elsewhere in Tamil Nadu and Puducherry, this is not the first of its kind. Nor would it be the last, given the nature of the north-east monsoon, says N Sathiya Moorthy.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
The second and final part of former cabinet secretary Naresh Chandra's interview to Sheela Bhatt.
