The problem of stressed assets needs to be addressed with effective recovery.
'Somebody will need to blow the whistle, call the play to a halt, and convince all players that they belong on the same side of the goal,' says Shekhar Gupta.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
Two decisions handed down by the Supreme Court have spread gloom in Kerala as they have shaken two basic faiths of a majority of the people in the state, says T P Sreenivasan.
'Modi's more than dozen interviews are helping him fine-tune the rough edges of his campaign. He is trying to influence floating voters, undecided voters, non-committal and caste-neutral voters into deciding whether to go for the Lotus or not. These could have been Congress voters, but its divided house, torn between the old guard and Rahul Gandhi, seems to have got completely confused.' Rediff.com's Sheela Bhatt lists what the Congress did wrong to find itself in such a sorry mess today.
'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
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