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The mega mergers

Finance Minister Arun Jaitley has been advocating the merger of several public-sector undertakings in different sectors to build institutions of large sizes. This plan was given shape last year merging the subsidiaries of State Bank of India with the parent bank. In the budget for 2017-18, he proposed the merger

Contracting out jobs – welcome move by TN government

For long IE has been pointing to the unsustainability of the burgeoning outgo on the salaries and pensions, subsidies and grants and debt servicing costs incurred by the Tamil Nadu government. Combining these with the mounting losses of state-run corporations – power, transport… the state has to borrow for balancing

The mega mergers

Finance Minister Arun Jaitley has been advocating the merger of several public-sector undertakings in different sectors to build institutions of large sizes. This plan was given shape last year merging the subsidiaries of State Bank of India with the parent bank. In the budget for 2017-18, he proposed the merger

Simultaneous elections

As the Lok Sabha election of 2019 approaches, political parties sharpen their strategies. Regional players who enjoyed considerable clout in the long years of coalition rule in the Centre, would start weighing their options. Modi and the BJP tellingly exploited the anti-Congress mood in the 2014 elections and romped to power

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