Archive for January 5th, 2015

Should PIB become a portal for wishing happy birthdays?

January 5, 2015

It was amusing to read these two press releases from PIB (Press information Bureau) today – one and two. In both,  the PM wishes his fellow party politicians on their birthdays. I just did a google search and realised it is being used quite frequently by the PM for not just fellow politicos but across the fields to his chosen few.

It is bizzare to see PIB being used in this way which is for the entire govt. machinery. I mean why should PIB become a platform to deliver birthday wishes? So far it was limited to remembering the founders of the nation and other greats on b’days and death anniversaries. But now extends to a much broader audience.

PM has a personal twitter handle to send such greetings. PIB should just be used to disseminate info on variou govt. decisions, policies and so on..

How did so much reform happen in 1991 – and why so little in the decades since?

January 5, 2015

Ashok Lahiri poses this question and says much of reforms in 1991 was by stealth:


Municipal bonds making a comeback?

January 5, 2015

SEBI released this superb paper on municipal bonds last year (30 Dec). Financing via this mode started in 1998 with Ahmedabad being the first municipality. But till date just around Rs 445 cr have been mobilised via this scheme.

The govt has taken immediate interest and asked Ministry of urban development to look at cities which could issue these bonds:


What went wrong for SpiceJet?

January 5, 2015

A nice article by Binoy Prabhakar summing the case.

Airline industry is a highly complicated one. One just does not know how quickly the fortunes change..

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