Re:Letters To The Editor

Faith, Hope and Action

The anniversary issue of Business Today (January 6, 2013) was excellent, positive, progressive, and promising. It has beautifully presented 66 reasons to keep faith in India. There could be even more reasons, but faith, ‘Hope’ and action are the main keys. You have put your faith in all the sectors from A to Z, from agriculture to technology, to science, and industry. It also gives hope for a prosperous India. Action is the greatest of all, rising above politics without discrimination or prejudice, bringing good governance and benefits to all.

Jacob Sahayam, Thiruvananthapuram

Stuck in a Rut

Your cover story God Save Them(December 23) has brought to light how the Indian telecom industry is stuck in a rut, because of ambiguous government policies and a poor blueprint for growth. The telecom industry’s earnings have been used to offset large government subsidies. The industry is in a mess today because our policy roadmap is unclear. It is always a strong and consistent policy framework that makes an industry successful. But the Indian telecom industry has been let down by the government in this very critical area.

R. Yogesh Kumar, Hyderabad

Draconian Cyber Laws

The column by Madabhushi Sridhar(66 Shades of Black, December 23), on cyber laws is quite informative. It shows how the Net laws are arbitrary and can be used to harass any citizen. Section 66A of IT Act is a mockery of law. It is against the constitutional provisions of free speech in a democracy. It must be repealed or redrafted suitably. Social media like Facebook and Twitter are more of a personal nature, and not meant for the public at large. They cannot be compared with print media or TV channels.

Mahesh Kumar, New Delhi

Subsidy Scheme on the Bumpy Road

Your story on the direct cash transfer scheme (UPA’s Talk Show, December 23) has nicely analysed how the effort to provide subsidies faces several implementation challenges. It needs serious study by all concerned. It will be better if the poor are given debit cards, which they can use only to buy their food quota.

G.Venkataraman, Mumbai

Correction

The story Banking on Modern Times(January 6, Page 44) says the size of State Bank of India’s balance sheet is $13.35 trillion. It should be `13.35 trillion. We regret the error.