Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Take charge and use these laws wisely.
The Marxists are heading for their worst debacle in many elections. How will May 16, 2014 affect India's Communists? T V R Shenoy surveys the landscape.
'Mary just stopped talking to me. Maybe she did not like the fact that she was the gold medallist, but it was me (Sarita), not her, who was getting all the attention.'
'I had been to a village in Haryana. One woman who had four daughters-in-law and three daughters, told me that she had to be awake the whole night to take each of them, one by one to the fields.' 'I am not saying all rapes are because of lack of toilets. 20 to 30 percent of rape cases happen because of the lack of toilets.' Dr Bindeshwar Pathak, founder, Sulabh International, on how India should go about building toilets for all its people in this exclusive interview with Shobha Warrier/Rediff.com
'How many people have been skilled up and thus able to escape from needing to be in NREGA? The true success of NREGA would lie in its irrelevance -- that is, people no longer need it as a crutch.' 'NREGA should enable them to climb out of poverty and stand on their feet.' 'But this is expressly forbidden by NREGA rules. Skill development, which is what India needs more than anything else, appears to be outside the purview of NREGA,' points out Rajeev Srinivasan.
Mohandas Pai took part in an hour-long chat on rediff.com
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
'Godse is no more, but the mindset which gave birth to such distorted philosophy is unfortunately still with us.'
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