Friday, August 29, 2025

Faith in Administration induces Faith in Religion

 

Apropos the editorial “Faith can’t protect crumbling infra” (ET, Aug 29), what India lacks is not faith but sensitivity to safety, seriousness in providing infrastructure, and credibility to attract tourists. The greed to make easy money, particularly at religious places, thrives unchecked, with authorities often hand in glove with local goons. The experiences of tourists—domestic and foreign—at both pilgrimage and sightseeing centres are often disappointing.

Tourism has immense potential to attract FDI, generate jobs, spur investment and boost consumption. With sound physical and social infrastructure, backed by responsive governance, it can be a true driver of economic expansion.

The ongoing Trump tariff issue may even be a God-sent opportunity to intensify Atmanirbhar Bharat with renewed seriousness. Tourism development, along with safe transport, comfortable accommodation, and reliable services, can transform travel into a pleasant experience—nurturing faith, strengthening bonds, and connecting people with nature and culture.

It is time we shed complacency and act sensibly. Let us learn to be together in celebrating nature, life, and faith.

May there be Universal welfare for all Living  Beings .

T V G Krishnan.

(Personal Views).


Saturday, August 16, 2025

Prime Minister - The Prime Motivator and the Most Performing Minister

 

Prime Minister – The Prime Motivator and Most Performing Minister Mr Modi. 

What India needs today, with its vast political, economic, social, and technological resources, is motivation to use them optimally and imaginatively. Honourable Prime Minister Shri Narendra Modi, as the nation’s Prime Motivator and a leader of action, has consistently infused this spirit in his Independence Day address from the Red Fort. His assurance of new measures particularly GST rationalisation by Deepavali to push economic growth and fulfil people’s aspirations adds to the hope of a happy, healthy, peaceful, and prosperous life for all citizens.

As a Great motivator, the Prime Minister has succeeded in keeping the nation’s spirit alive—urging people to Act,  Reform, Perform, and deliver despite global uncertainties, domestic challenges, and economic inhibitions. His leadership has ensured resilience, growth, and rising aspirations, setting the stage for India to dream of becoming a developed nation by 2047, when we mark 100 years of Independence.

May God bless him—always and in all ways—for his visionary leadership and his dedication to universal welfare and the progress of India.

—T. V. G. Krishnan (Personal Views)

Wednesday, August 13, 2025

Minimum Deposits :Banking on exclusion and Not inclusion.

 Minimum Deposits: Banking on exclusion, Not inclusion

Dear Sir,

This refers to “RBI clears the air on Minimum Deposits” (ET, 12/8/25). The RBI Governor has rightly clarified that minimum deposit thresholds are set by banks, not the regulator.

 However, not withstanding this , the fact remans that in a country where a majority of the population  depend on subsidies and face high unemployment, inflation, and soaring living costs, such thresholds risk excluding millions from the formal banking system.Banks are not just financial institutions—they are a bridge between citizens and economic growth. Raising minimum balance requirements, especially by a major private sector bank with very wide  reach, undermines the progress made towards financial inclusion and risks reviving “class banking.”

The prevailing trend across the sector is to remove these barriers, not raise them. ICICI Bank’s move deserves urgent reconsideration—in its own interest, and in the broader interest of equity, inclusion, and economic well-being.

T.V.Gopalakrishnan
( Copy of the Letter sent to ET but not found published.)