The rupee wants to be free
Updated: Mar 31 2007, 05:30am hrs
The rise of the rupee (Ride the greenback, March 30) is a natural phenomenon, given the broader macro-economic factors at present. Its about time the government and the RBI got their act together and stopped meddling with it, putting inflationary pressure on the system. The competitiveness of exports cannot come at the cost of the countrys economy. Try a long-term approach.
As expected, the Supreme Court has stayed the quota law (Class conflict, March 30) and declared that this votebank politics divides society. To some extent, it is true that such divisions based on caste and religion weaken the social fabric. But people who suffer social suppression need a hand up as well. Also, is it only now that the government is crossing the lakshmanrekha on quotas The judiciary allowed Mandal reservations. Was it not on the basis of the 1931 data We do not require reservation once there is cent per cent literacy and zero poverty. For now, we do.
Bidyut Kumar Chatterjee, Faridabad
Not the solution
The SC stay on quota has given relief to thousands of talented students who were going to miss educational opportunities. There is nothing wrong in the efforts to raise the living standards of OBCs, but reservation is not the solution. It will only create tensions.