WEDNESDAY, 26 AUGUST 2026
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Murder of democracy

The passage of the two farm bills in the most undemocratic manner does not augur well for our democracy. What we saw in the live telecast leaves much to be desired. It is not understood why there was no meaningful discussion with the stakeholders and the Opposition. Why such important bills could not be sent to a Standing Committee or why despite having the numbers as claimed, a voice vote was held. The MPs created a ruckus in frustration. It was surprising to see Derek O'Brien holding the rule book and heckling the deputy speaker up close with 7 MPs, who, along with him, were suspended for unruly conduct. The chair had no consideration at all and what was shocking the bills were passed amidst the chaos. There is an atmosphere today where all manner of opposition is crushed brazenly. Any means are routinely used to put down anyone who stands up to coercive power.  Opposition parties' no-trust move against the Deputy Speaker is simply denied. Strict Laxman Rekha is drawn where the nation is divided and the aam aadmi is yet to enjoy the fruits of freedom. It appears to be my way or the highway.



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Raghuram's call to privatise PSBs prudent

ELVIDIO MIRANDA, Via e-mail
Published Sep 24, 2020, 12:48 AM IST
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Former Reserve Bank of India (RBI) Governor Raghuram Rajan has indicated that some of the public sector banks (PSBs) should be privatised. It is known beyond doubt that private banks are performing far better than the PSBs. The profitability of the private banks is much higher and NPAs have been well under control amongst the private banks. In recent times, when the interest rates of fixed deposits are very low, the interest rates on loans are very low comparatively and…

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