Apropos the article $1bn goes down the drain in Maharashtra (July 31) in fe on sunday. I guess instead of power-mongering, the politics of this state/nation should pay attention to ensure appropriate investments for providing efficient delivery of basic utilities and services to its citizens from whom it collects taxes.
More of the same
This is with reference to the news item $1bn goes down the drain in Maharashtra (July 31). The loss of human lives and live-stock, as also damage to property in Mumbai following the floods, is immense. Now, the BMC and the Maharashtra
government should implement plans for building the much-needed flyovers and highways, revamping the sewage system, and having profitable auctions of the remaining lands for builders on the condition that they raise the compound and plinth levels of new construction to at least 10 feet. The resources so mobilised can help meet the cost of improving infrastructure.
Mumbai should have another raised level of roads for lighter traffic, beginning from Mumbai Central/Tardeo and going all the way to Dahisar and Marve beach in the western suburbs. And from Byculla or Dadar, all the way to Chembur, Powai, Thane, Kalyan, Vashi/Panvel to provide additional road arteries, length-wise, in the skewed geography of greater Mumbai.
Similarly, suburban trains should have two-tier tracks all the way from Mumbai Central to Dahisar, as well as from Byculla to Thane and the suburbs beyond. The additional tracks on raised levels, together with additional trains, will provide much-needed relief to millions of commuters.
Prakash C Sheth
Apropos the article Mumbai Inc counts the losses (July 30). Its heartening to hear that companies have all their stocks adequately insured. But do all the farmers and labourers who must have had a miserable time, have their assets insured I feel more effective steps should be taken to promote insurance against natural disasters, keeping in mind the 24% share of agriculture in Indias GDP.
Dhiraj Prakash Shekar
Apropos the article A dyn-amic code of corporate governance (July 30) by TN Thakur. By focussing on the behavioural aspects, we need to break the mindset of form over substance. There is a dire need for creating an organisational foundation for business ethics, followed by a defined process.
We have to proactively discuss an internal process interalia for: creating the post of ethics practitioner or counsellor, with a specific description of the job and responsibilities, discuss ways and means to embed values in an organisation, have a route-map for implementing a code of conduct and establishing a clearly stated set of integrity standards, discuss global operations, work out a relationship between ethics and other business functions and align company policies with the code of conduct.