Warrier's Collage on Sunday July 21, 2024
Welcome To Warrier's COLLAGE On Sunday July 21, 2024 Good Morning Happy Birthday to all readers having Birthday during this week. Nice Day M G Warrier A Media Response July 19, 2024 Nationalization for improving productivity* This refers to the article "A case for tax waiver on savings" (The Hindu Business Line, July 19). Perhaps we are reaching a stage where the traditional dilemma of 'meeting both ends meet ' has started staring the Budget exercise both at Centre and states. July 19 is observed as Bank Nationalization Day in India. Nationalization helped banking system to consolidate, improve outreach and increase productivity, not just that of banks, but the economy in general. Time is opportune to think of nationalising unproductive idle assets in whatever form they exist and making them active and productive. Such assets in the Indian context include unaccounted domestic gold stock estimated at thousands of tons, real estate etc T