Sustaining growth
This refers to ‘Growth niggle’ (March 3). The analysis underscores that despite rising geopolitical uncertainties, robust domestic economic performance offers a welcome counterbalance. Notable positives include a 9 per cent surge in GST collections as of February 25, heightened consumption expenditure which accounts for over 60 per cent of GDP and increased private capital spending. To sustain these gains, the RBI must ensure ample liquidity in the banking sector to support lending, while corporates should prioritise capex investment over dividend payouts.
At the same time, FII inflows remain vulnerable as the US dollar index continues its upward climb against emerging market currencies, including the rupee. This trend makes it essential for India to explore alternative sources of dollar mobilisation rather than relying solely on FIIs. Strengthening the export sector is also crucial. Looking ahead, finalising free trade agreements with the EU and the UK will be key to boosting exports.
Srinivasan Velamur
Chennai
Leadership qualities
This is with reference to ‘Leadership is co-created with team members’ (March 3). Leaders lead by examples is a known maxim. A versatile leader knows how to organise the staff, boost their morale, achieve targets, and celebrate the success. A true leader forgets his position and cares for all the staff members irrespective of their position. Great leaders know how to motivate staff, extract work from them, and are interested in their well-being.
Veena Shenoy
Thane
Shun combo products
This refers to ‘SEBI’s plan to offer MF-insurance combo product hits roadblock’ (March 3). This should be welcomed in the interest of the investing public. Huge amounts of money, precious manpower and resources are wasted on futile, seeming ‘value adds’ of combo products, which are really ‘value drains’.
We need pure products for savings, investment and insurance; combos are a drag and drain on these fronts. Through the years, our experimenting with combo savings and insurance has lulled ordinary investors into believing they have insurance and savings; the reality, however, is that they neither have adequate insurance cover nor respectable or reasonable return on investment.
Jose Abraham
Vaikom
Responsible transition
This is with reference to ‘Humans will hold supervisory positions in the AI age, says expert’ (March 3). Agentic AI refers to artificial intelligence systems that can achieve complex objectives or goals autonomously. Workers may want to seek employers that offer upskilling or training in other skill-sets if their role is likely to be impacted by agentic AI. Policymakers and businesses must ensure the benefits of this technology are widely shared, while mitigating its risks and challenges. If it is implemented well, agentic AI can be a powerful tool.
P Sundara Pandian
Virudhunagar, TN
