Within the realm of insightful opinions and discerning views, readers of BusinessLine have contributed compelling ideas on numerous matters, starting from the effectivity of the Comptroller and Auditor Basic (CAG) to the nuanced challenges confronted by ladies within the workforce and the regulatory oversight of cryptocurrencies. Right here, we delve into the richness of reader-contributed letters, providing a tapestry of voices on these important issues.
Efficacy of CAG Stories
The critique offered within the article ‘CAG might have executed higher’ (November 15) offers a complete analysis of the efficiency of the Comptroller and Auditor Basic. The suggestion to align the appointment strategy of the CAG with the procedures within the Central Board of Direct Taxes (CBDT) and Central Board of Oblique Taxes and Customs (CBIC) is a thought-provoking proposition. The decision for seniority-based appointments inside the Indian Audit and Accounts Service (IA&AS) cadre is a rational proposal, aiming to reinforce the credibility and impartiality of this important auditing establishment. Because the CAG stays a linchpin in figuring out irregularities and defaults, its function is underscored as pivotal, significantly in welfare schemes and Direct Profit Switch (DBT) implementations.
Vinod Johri, Delhi
Girls Exiting Work
In response to the article ‘Why ladies drop out of labor’ (November 15), the correlation between ladies exiting the workforce and the ‘motherhood penalty’ is aptly underscored. Echoing the emotions of Nobel Prize winner Claudia Goldin, the emphasis on the worth that homemakers contribute to financial growth is a refreshing perspective. Recognizing the function of ladies in nurturing human capital via efficient child-rearing is essential, emphasizing that their contributions prolong past conventional employment metrics.
S Ramakrishnasayee, Chennai
Supervision of Cryptos
The priority raised by the European Central Financial institution’s (ECB) chief supervisor relating to a possible ‘Loophole in guidelines letting banks dodge ECB’s crypto supervision’ (November 15) sheds mild on the intricate challenges posed by cryptocurrencies. The reader astutely highlights the distinctive dangers related to crypto belongings, particularly the risky nature of reserves, and the necessity for complete regulatory oversight. The decision for uniform therapy of all crypto service suppliers beneath the ECB’s supervision echoes the need of mitigating dangers and making certain capital adequacy on this dynamic monetary panorama.
Bal Govind, Chennai
In a poignant tribute to PRS Oberoi’s passing, the reader reminisces concerning the transformative influence of Oberoi, affectionately often called ‘Biki,’ on the hospitality trade. The acknowledgment of Oberoi’s legacy in crafting not simply resorts however enchanting experiences resonates with the lasting imprint he left on patrons. The tribute serves as a heartfelt reflection on the profound affect of Oberoi in shaping the narratives of on a regular basis vacationers.
Srinivas Velamur, Noida
These letters signify a tapestry of opinions that enrich the continuing conversations on these important matters, providing numerous views and useful insights into the complexities of governance, workforce dynamics, monetary laws, and the enduring influence of trade stalwarts.