Credence pre-Budget

Apropos ‘FM Sitharaman to meet industry leaders for pre-Budget talks on Dec 30’ ( December 26), FM’s annual pre-Budget meeting with economists comes amid signs of the Indian economy’s slowdown, after three years of robust growth.

However, one wonders whether the suggestions made by the various industry bodies amde at pre-budget meet, make their way into the Budget document.

It is genuinely felt that the FM should also announce the acceptance or otherwise of ‘suggestions’ made by such bodies, in her budget speech so as to give due credence to holding of such pre-budget meets.

Kumar Gupt

Panchkula (Haryana)

Regulating lenders

With reference to the Editorial ‘Lending, good and bad’ (December 25). Imprudent lending encourages indisciplined borrowings and causes the generation of bad financial assets which destabilises economic growth.

At a time when the demand for investment and consumption is rising, it is pivotal to ensure strictly that the lenders in the formal and informal sectors are controlled and regulated by the regulations being issued by the regulators.

Unregulated banking activities need to be arrested to mitigate the risks associated, and the regulator should punish the erring entities

VSK Pillai

Changanacherry (Kerala)

Effective technology

This is with reference to the article ‘Creating an enabling ecosystem for agribusiness’, (December 26).

Policy and regulatory frameworks need to be consistently informed and enriched with feedback from those who are most affected by them and by the institutions that need to put them into action. stakeholder, therefore, must be open to collaborating with the right partners in relevant domains and experiment with taking help from a variety of sources.

They should adopt a more experimental, open approach and cast wide to adopt key technologies effectively.

In that sense, the old templates for who to collaborate with no longer apply, and organizations need to have a more open outlook towards bringing in expert help.

P Sundara Pandian

Virudhunagar (TN)