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Wednesday, June 29, 2022

Letters to the Editor: Who’s fault?

Blaming the Reserve Bank’s policy blindly for all defaults is foolish.

By: Express News Service |
June 27, 2015 12:00:37 am

This refers to the article ‘Unbalanced Sheets’ by Ajay Shah (IE, June 26). Why do we fail to attribute loan defaults to the secret nexus between bank officials and borrowers? There are several cases in which bank officials have been found sanctioning loans to probable defaulters for personal benefit. Blaming the Reserve Bank’s policy blindly for all defaults is foolish. In fact, the RBI’s new scheme for debt restructuring is commendable. -Abhinandan Prasad, Sangli

Smart factor
This refers to ‘ED will need to prove Lalit Modi wanted for arrest’ (IE, June 26). Lalit Modi could not have escaped the law without the connivance of different political parties in the county. He has been wrongly termed “fugitive” as no arrest warrant has been issued for him, and he has not been declared a proclaimed offender by any court of law. In fact, his cleverness has to be acknowledged for more than one reason, including making the coffers of the BCCI overflow with his innovative managing of IPL — the most glamorous cricketing event of the world. -B. N. Anand, Mohali

Misogyny amplified
It is disheartening to hear that a rape accused was shown leniency by a judge on the basis of past mediation outcomes. (‘Madras HC judge gives bail to rape accused to ‘mediate’ with victim’, IE, June 24). Mediation requires both parties to consent to it. However, in this case, the rape victim could be forced by the accused to accept the mediation, which is nothing less than a denial of justice. Rape being a criminal offence, disqualifies mediation. Mediation is meant only for civil offences, which affect only the two involved parties. This action by the judge amplifies misogynistic and patriarchal mindsets, along with maintaining the stigma of rape in Indian society. -Venkat, New Delhi

Walk the talk
Prime Minister Narendra Modi was elected because he promised an efficient and corruption-free administration (‘Vasundhara & party unmoved’, IE, June 26). But, lately, his ministers have been embroiled in controversies which cannot be brushed aside. These ministers should be asked to resign till the time the allegations are disproved, if they are at all. After all, utmost priority should be given to walking the talk in each and every aspect of politics and governance. -Ketan R. Meher, Palghar

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Hail to england
The England cricket team must be congratulated for their excellent performance against the visiting New Zealand side. England levelled the Test series 1-1, won the ODI series 3-2 and convincingly beat the Kiwis in the one-off T-20 match. This morale-boosting feat can serve the England cricket team well in their upcoming Ashes series, given their 140-year-old traditional rivalry with the Aussies. -Arun Malankar, Mumbai

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