The Supreme Court decision to decline extension of loan moratorium and allow banks to resume classifying defaults as NPAs is timely. The economy is recovering from the pandemic and it’s critical for banks and investors to assess the problem of bad loans. Not extending the moratorium prevents moral hazard risks.
Ken-Betwa river-linking to benefit dry regions. It’s a role model
It took more than two decades of doubt and dithering by naysayers for Atal Bihari Vajpayee’s river-linking dream to see light. Ken-Betwa intra-basin transfer will bring to life the driest regions of north-central India. It’s a role model for partnerships in a country where states routinely spar over water rights.
On Covid vaccination, the stranglehold of bureaucracy is now broken
Good, the Modi government has finally accepted the need to allow Covid vaccinations to all above 45, departing from the imprudent, centralised control-quota dispensation. We’ve administered an impressive five crore doses, but needed to do better in 65 days since 16 January. The stranglehold of the bureaucracy is now broken.
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