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India’s share in International Satellite Market

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International Satellite_indianbureaucracy
International Satellite_indianbureaucracy

According to the published reports available in the public domain on the international satellite market, the average annual revenue over the last three years, is approximately $200 billion (Rs. 13 Lakh Crore), which includes the launch services market (Rs. 0.37 Lakh Crore), satellite manufacturing (Rs. 1.07 Lakh Crore), ground equipment (Rs.3.85 Lakh Crore) and satellite services (Rs. 8.17 Lakh Crore). ISRO is providing the launch capacity, when available, for launching satellites on a commercial basis through Antrix Corporation Limited. During the last year (2015-16), Antrix earned a revenue of approximately Rs. 230 Crore through commercial launch services, which is about 0.6% of the global launch services market.

In order to meet the enhanced national requirements for launching satellites for earth observation, communication & navigation, ISRO is taking steps to increase the launch capacity. ISRO will continue to provide the launch capacity, when available, for commercial launch services. Towards stepping up the launch capacity, ISRO is in the process of exploring the possibility of enhanced involvement of Indian industry. Besides meeting the national demand, the industry can explore the opportunities for commercial launch services.

IndianBureaucracy.com wishes the very best.

Levy of taxes on large Airlines

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Copa Airlines
Copa Airlines

As per the National Civil Aviation Policy, 2016, to ensure uniformity and level playing field across various airport operators, future tariffs at all airports will be calculated on a ‘hybrid till’ basis, unless otherwise specified for any project being bid out in future.

It is also provided that 30% of non-aeronautical revenue will be used to cross-subsidise aeronautical charges. In order to operational Regional Connectivity Scheme (RCS), the National Civil Aviation Policy, 2016 provides that a Regional Community Fund will be created through levy per departure on all domestic routes, other than CatII/IIA routes, RCS routes and small aircraft below 80 seats irrespective of routes. Selection of cities under RCS is to be ‘demand driven’, depending on firm demand from airline operators and where State Government agrees to provide various concession envisaged in the Policy.

Government going all out to boost Housing Finance Sector to meet -Housing for All by 2022

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M.Venkaiah Naidu
M.Venkaiah Naidu-indianbureaucracy

Government is making all efforts to boost the Housing Finance Sector to ensure that the goal of Affordable Housing for all by 2022 is met. This was stated by Minister of Housing & Urban Poverty Alleviation Shri M. Venkaiah Naidu at the National Summit on “Finance for Housing for All by 2022” organised by ASSOCHAM in New Delhi .

In his address, Mr Naidu said that it is the priority of his Ministry to provide access to safe and affordable housing to all countrymen. This is the first step in building strong and healthy communities where individuals and families can prosper, he said. He added that the Housing for All Mission supports construction of houses upto 30 square meter carpet area with basic civic infrastructure by giving a subsidy on interest rates. He said that the area restriction of 30 square meter has also been relaxed to give flexibility to state governments to plan for good houses.

To encourage private investment for construction of housing for poor, Mr Naidu said that government is giving a number of financial incentives such as Service Tax Exemption on houses up to 60 sq. metres including PPP projects and 100% deduction on profits allowed for affordable housing projects.

The Minister informed that to boost demand, beneficiaries of Economically Weaker section and Low Income Group seeking housing loans from Banks, Housing Finance Companies and other such institutions are eligible for an interest subsidy at the rate of 6.5 % for 15 years. He added that the credit linked subsidy is given as direct transfer to the loan account of beneficiaries to prevent any leakage.

Minister of State for Finance and Corporate Affairs, Shri Arjun Ram Meghwal, also attended the function.

Rare fungus product reduces resistance to antibiotics

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Rare fungus_indianbureaucracy
Rare fungus_indianbureaucracy

Summary:Microorganisms, among them fungi, are a natural and rich source of antibiotic compounds. Scientists have succeeded for the first time in extracting the rare compound cPM from a filamentous fungus, applying a special method. Using this substance leads to increased susceptibility of a resistant pathogen against standard antibiotics.

Besides mushrooms such as truffles or morels, also many yeast and mould fungi, as well as other filamentous fungi belong to the Ascomycota phylum. They produce metabolic products which can act as natural antibiotics to combat bacteria and other pathogens. Penicillin, one of the oldest antibiotic agents, is probably the best known example. Since then, fungi have been regarded as a promising biological source of antibiotic compounds. Researchers expect that there is also remedy for resistant pathogens among these metabolites.

It depends on the stimulus

However, agents like penicillin are only produced when necessary, not permanently. “Fungi can even deactivate the respective parts of their genome if a metabolite is not needed anymore. These compounds can’t be detected any longer and are classified as cryptic compounds,” explained Christoph Zutz from the Institute for Milk Hygiene, Milk Technology and Food Science of the Vetmeduni Vienna.

The right stimulus can reinduce the production of antibiotic compounds. The researchers used valproic acid which can induce the activation of such deactivated genes in fungi. In the fungus Doratomyces microsporus, valproic acid even induced the production of several antimicrobial compounds.

Rare compound detected in fungi for the first time

The gained metabolites were effective against a “normal,” as well as resistantStaphylococcus aureus pathogens. The team succeeded in filtering out the six most active compounds from all metabolites. These six compounds have been regarded as “cryptic” so far. One compound, cyclo-(L-proline-L-methionine) or cPM, could be detected even for the first time in a fungus. The only source of this compound so far has been a bacterium living in an Antarctic sponge.

Boosting effect as an asset in the fight against resistance

The as yet “cryptic” compound cPM has a special function. It boosts the activity of other antimicrobial compounds. The team assumes that particularly this boosting effect constitutes the effect these compounds have on the tested pathogens.

Therefore, the researchers went a step further and tested the newly detected compound cPM together with ampicillin in two ampicillin-resistant bacteria. The combination has proved successful. “The resistance was demonstrably reduced, even at a lower dose of ampicillin than usually,” said co-author and corresponding group leader Kathrin Rychli.

New research platform is looking at the big picture

The team is now going to search for novel antibiotic compounds from other microorganisms by applying similar methods. The new research platform “Bioactive Microbial Metabolites” (BiMM) in Tulln (Lower Austria) provides the facility. BiMM represents the detection of bioactive compounds — metabolites — in microorganisms. “Valproic acid is not the only way to gain active compounds from fungi or other microorganisms. You can also make bacteria and fungi grow together. This also leads to a natural stimulus,” explained Joseph Strauss from the University of Natural Resources and Life Sciences, Vienna, who heads the platform. For this purpose, researchers from the University of Veterinary Medicine, Vienna and the University of Natural Resources and Life Sciences, Vienna founded this new research core facility.

Christoph Zutz identified a significant advantage of this inter-university research platform. “Unlike industrial enterprises, we investigate all promising metabolites in microorganisms, not only single chemical compounds. Thus, we consider known and cryptic compounds in our analyses.”

 More: Science

Discovered Small Fields Bid Round 2016 to promote investment in Energy Sector

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‘Discovered Small Fields Bid Round 2016-indianbureaucracy
‘Discovered Small Fields Bid Round 2016-indianbureaucracy

The Directorate General of Hydrocarbons organized an interactive session at Calgary, Alberta on 18th July 2016 for ‘Discovered Small Fields Bid Round 2016’ to facilitate interactions between the Government of India and Industry Leaders, and to promote investment in the energy sector of India.

Many distinguished officials from the Ministry of Petroleum and Natural Gas (MoPNG), Government of India (GoI), top business leaders, and various international and national media houses were present at the session.

The interactive session was organized at The Westin, Calgary to showcase and invite prospective bidders for the Discovered Small Fields Bid Round 2016, which was launched on 25th May 2016 in New Delhi, India and was followed up by the subsequent shows at Mumbai and Guwahati in India and recently in Houston, Texas.

The Government of India has introduced the Discovered Small Fields Bid Round – 2016, under which it is offering 46 Contract Areas consisting of 67 different small fields across 9 sedimentary basins, estimated to hold over 625 Million Barrels of Oil and Oil Equivalent Gas in-place, spread over 1,500 square kilometres in Onland, Shallow water and Deepwater areas, for extraction and exploration of oil and gas. Bids are being invited by the Directorate General of Hydrocarbons (DGH) to develop and monetize these contract areas.

Currently, India is the fastest growing large economy in the world, clocking a GDP of 7.6% in FY 2015-16. Along with the growing economy, the demand for energy has also risen dramatically over the past few years, which is majorly met by imports, and is expected to increase even further in the future. As stated by Mr. K D Tripathi, Secretary, Ministry of Petroleum and Natural Gas, the government aims to reduce energy import dependency by 10%. This can be done by tapping on the hydrocarbon resource available and increasing the oil and gas production.

Joint Secretary, MoPNG, Mr. Amar Nath, informed that that this is a great opportunity to invest in the E & P sector in India especially considering the new policy regime under which the bid round is being held. Mr. Matthew Machielse, Asst. Deputy Minister, Ministry of Economic Development, Government of Alberta shared message on behalf of Premier, Govt. of Alberta and highlighted that there are significant opportunities for increasing trade between India and Alberta.

Mr. Rajib Chander, Counsel General of India in Vancouver highlighted that energy has always been a focus for co-operation between India and Canada and that while, the trade between the two countries has grown over time, there are significant opportunities for furthering the trade relations.

The session involved screening a film on Oil and Gas Industry of India, which highlighted the evolution of oil and gas sector and presented key statistics of the sector.

Mr. Nilaya Varma, Partner with KPMG in India gave a detailed presentation on Indian economy with a focus on oil and gas sector in India. This was followed up by sharing of experiences by Mr. Stephen Beatty (Partner with KPMG Canada), Mr. Mayank Ashar (Leading oil and gas expert) and Mr. Sastry Karra (Director, Simorgh Energy) on Doing Business in India.

Ms. Rachel Calvert from IHS gave a Presentation on Risk Rating of India. She highlighted that India was a very lucrative market in the Oil and Gas space and would continue to have a strong potential with further development.

A presentation was given by Mr. Atanu Chakraborty, Director General, DGH to highlight the features of the Discovered Small Field Round along with the details of the contract areas on offer and the bidding timelines.

To discuss the Taxation Regime in India, Ms. Neetu Vinayek (Partner, KPMG India) highlighted the specific provisions of the laws relating to income tax, customs duty, cess, royalty and license/lease fees as applicable to activities connected with the extraction or production of petroleum in the upstream sector.

Mr. Sengupta from ONGC India informed the participants on the infrastructure and facilities available near the offered fields too.

Mr. K.D. Tripathi, as part of his plenary address, informed the most important feature of the bid round that all the fields on offer are already discovered, which mitigates the risks associated in exploration. He highlighted that DGH has set up a facilitation cell to address investor queries. He also informed that he would be available at all times to provide assistance to the investors, especially in cases of difficulties faced by them.

In the afternoon, a round table conference was conducted with select delegates to discuss and answer key queries on the Discovered Small Field Bid Round 2016. A physical data center, providing access to 2D and 3D seismic data, well logs etc., was launched in the evening by the Secretary, MoPNG.

The GoI delegation informed the participants that they look forward to foster harmonious collaborations with the industry to help in taking the E&P reform process forward by facilitating the bidders at every step towards monetization of these discovered small fields.

Inter-Regional Transmission Corridors for Power Supply from Surplus to Deficit States

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piyush goyal
piyush goyal

Shri Piyush Goyal Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines has informed that the inter-state transmission lines are planned and implemented as a part of the evacuation system from inter-state generation stations and also as system strengthening projects. These lines are mainly used for delivery of power from these generating stations to their beneficiaries in various states. The inter-state transmission lines i.e. the transmission lines within a region and also the inter regional lines are also used for transfer of power from surplus states/regions to deficit states/regions, subject to availability of margins in these lines.

Further, the Minister said that a number of inter-regional links have been planned which interconnect the five regional grids i.e. Northern, Western, Southern, Eastern and North Eastern regions. Presently, the total transmission capacity of such inter-regional links is 59,550 MW (June 2016) which is expected to increase to 68,050 MW by the end of 12th Plan i.e. March 2017.

Shri Goyal noted that Gujarat and other surplus States are entitled to seek Long Term, Medium Term and Short Term Open Access (STOA) for export of power to any part of the country. The nodal agency for the grant of Long Term Access (LTA) / Medium Term Open Access (MTOA) is Central Transmission Utility (CTU) and for STOA is the Regional Load Dispatch Center (RLDC). In Case, Gujarat or such surplus States intend to sell surplus power outside the state on long term basis they should seek long term transmission access well in advance as creation of any new transmission infrastructure takes a period of three to four years.

As per the scheme for operationalization of Power System Development Fund (PSDF), PSDF may be utilized for creating necessary transmission systems of strategic importance based on operational feedback by Load Dispatch Centers for relieving congestion in Inter-State Transmission Systems (ISTS) and intra-state system which are incidental to the ISTS are eligible for funding from PSDF. As per information available in Central Electricity Authority (CEA), no such scheme has been submitted by any entity till date, the Minister added.

R K Chaturvedi given addl charge as Jt Secretary- Implementation, Central Pay Commission, GOI

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Rajesh Kumar Chaturvedi IAS-indianbureaucracy
Rajesh Kumar Chaturvedi IAS-indianbureaucracy

Shri Rajesh Kumar Chaturvedi IAS (Madhya Pradesh 1987) presently posted as Chairman Central Board of Secondary Education(CBSE), has been given additional charge of Joint Secretary Implementation Central Pay Commission, Government of India.

IndianBureaucracy.com wishes Shri Chaturvedi the very best.

Motor Bike Rally “Ride 4 Accessibility” for Accessible India Campaign tomorrow

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Motor Bike Rally _indianbureaucracy
Motor Bike Rally _indianbureaucracy

In continuation to various sensitisation campaigns run by the Department of Empowerment of Persons with Disabilities (Divyangjan), a Motorcycle Rally ‘Ride 4 Accessibility’ is being organized on 24th July, 2016 in Delhi .The Rally, which will include about 500 young men and women motorcycle riders will be flagged off at India Gate by Shri Prakash Javadekar, Minister for Human Resource Development and Dr. Harsh Vardhan, Minister for Science & Technology and Earth Science. Shri Thaawarchand Gehlot, Minister for Social Justice & Empowerment will preside over the function.

Before reaching to India Gate, the bikers will start from three different locations – South Ex Part -2, Khanna Market and GD Goyanka School, later will pass through various areas of Delhi. In the presence of celebrities from bollywood, sports, Cyclist and Joggers a pledge to create mass awareness about the campaign will be taken up. Street Plays and cultural programs will also be organized on this occasion besides playing of musical bands.

Department of Empowerment of Persons with Disabilities (Divyangjan) [DEPwD] is running the Accessible India Campaign (Sugamya Bharat Abhiyan) for creating universal accessibility in built environment, public transportation and Information & Communication Technology (ICT) eco-system. Efforts are being made to make the campaign a mass movement by involving citizens in various States and sensitizing the society towards disability and the need for accessi

Women and Empowerment by FICCI FLO

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FICCI
FICCI_logo_indianbureaucracy
Over 40 independent voices of women from FICCI FLO (FICCI Ladies Organisation), Chennai, was channelised by one strong voice on stage at Crowne Plaza. City-based lawyer, researcher, writer and women’s rights activist Kirthi Jayakumar who was invited to be part of Michelle Obama’s United State of Women Summit at Washington DC delivered a talk on ‘Women and empowerment’.
“What is women empowerment?” she asked. Receiving mixed responses for the same, she opined, “It is all about freedom of choice and also boils down to the substance of choice.”
The 27-year-old has not only worked in India as a women’s right activist, but has also been a part of NGOs and campaigns around the world. She has worked with an NGO called Delta, which set up a first school in a village in Nigeria. “I want to take the idea of equality and empowerment to more schools,” shared the activist who won the US Presidential Services Medal and a UN Online Volunteer of the Year Award for the success of Delta.
But when did she get involved in women’s issues and other related campaigns? Pat comes the reply: “December 16, 2012 — the gang rape of Nirbhaya. It kicked me to do something for human rights and more specifically women,” said this avid buff of Anne Frank diary. “I’ve read her diary at least over a 100 times. Such an inspiration.”
Growing up in a family of liberals, she said, “My mother is an alternative healer, my brother and father are both lawyers. I wasn’t treated differently. We were all given equal importance. Being a lawyer was a means to help others. I’ve always wanted to help others and this couldn’t have been possible without my family’s support.”
Kirthi runs her own NGO Red Elephant which aims to change the mindsets in society through sustained campaigns and programmes in the country. “Even today families are hesitant to use words like sex, and rape. Sex education, which is essential for the growth of a child, is being opposed by parents. This ought to change,” she added.
Kirthi stressed on the importance of education that’s crucial to usher in the change. “Education of the girl child is important. I’ve seen how a family has benefited after educating their girl child. They might be hesitant about it in the beginning, but, when they see the impact it has on their child and the family, they’ll definitely welcome the change,” she explained.
Kirthi argued for a collective responsibility to make a positive change in how the society views womanhood. “I don’t understand how a man can get the girl he wants by stalking her and doing things that displease her. It’s everyone’s responsibility to make a positive change and the media play a major role in it.”
Red Elephant has taken up a campaign to break gender stereotypes. “I wish to see a place that doesn’t need organisations to spread awareness on the rights of a person. But in a realistic world, I wish to see a change in the next few years, especially in the mindset of people,” she added.

Annual special grant to Tamil Nadu

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Tamil Nadu-police
Tamil Nadu-police

The Fourteenth Financial Commission(FFC) transfers to the State of Tamil Nadu is estimated to increase by 122% and the State is set to receive Rs.1,79,273 crore (including Rs.1,59,450 crore on account of share in Union taxes) during 2015-20 as against Rs. 80,944 crore (including Rs.70,825 crore on account of share in Union taxes), it had received during award period of 13th FC. Accordingly, on an average, the State of Tamil Nadu is estimated to receive Rs.35,855 crore annually during 2015-20 towards award of 14th FC as against Rs.16,189 crore, it had received annually during 2010-15. Besides, there are other channels of transfers such as Central Assistance to State Plan (CASP),

Centrally Sponsored Schemes (CSS) and Central Sector Schemes through which Central assistance to the State is provided. Thus, there are sufficient funds available with the State specially in the form of untied fund (devolution of Union Taxes) being received by it due to biggest ever increase in States share in shareable pool of Union Taxes from 32% to 42%. This in turn would allow the State to have greater autonomy in designing and financing the schemes (including shelf of projects of Fisheries, Desalination etc., mentioned the memorandum received from Tamil Nadu) as per their contextual needs and requirements. Hence, the State can prioritise its requirement within the additional fiscal space available to it.

Stricter Monetary Policy for price control

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RBI-indianbureaucracy
RBI-indianbureaucracy

The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy with the primary objective of maintaining price stability while keeping in mind the objective of growth. The Agreement on Monetary Policy Framework between the Government and the Reserve Bank of India dated February 20, 2015 defines the price stability objective explicitly in terms of the target for inflation – as measured by the consumer price index-combined (CPI-C) – in the near to medium-term.

The framework aims at setting the policy (repo) rate based on a forward looking assessment of inflation, growth and other macroeconomic risks, and modulation of liquidity conditions to anchor money market rates at or around the repo rate. In the Second Bi-Monthly Monetary Policy statement 2016-17 issued on June 7, 2016, RBI stated that the stance of the monetary policy remains accommodative and any further scope for policy action would depend on macroeconomic and financial developments.

Needlessly vilifying Indian business says Sidharth Birla

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FICCI
FICCI_logo_indianbureaucracy
The question of non-performing bank loans and mounting pressure on borrowers (to flog assets or otherwise repay) is a well-debated topic. A major foreign publication wrote about it this week. Somehow I found its unflattering vocabulary — commenting on Indian promoters as a class — upsetting; it is, of course, easier to pontificate than look nearer home, where greed and governance issues of professionals yielded much grief to global systems and citizens.
Promoters are entrepreneurs. Collective stigmatisation debates hurt commerce irrationally. Such injury may persist unless the larger ecosystem is confident of principled intent and entrepreneurs will be unfairly attacked, and impeded, as a category.
Basically, in good faith
 
In my view, all entrepreneurs undertake substantial financial, regulatory and reputation risks in good faith. Contrary to popular opinion, and debates designed to win public fancy, entrepreneurial plans do not cluster around self-enrichment at the cost of others; their basic aim is to earn risk-weighted returns on invested capital (be it owned, raised or borrowed).
Yet, it is true that a small sub-set of Indian business generated the unfortunate reputation. Rather than agonise silently, in its own larger interest business must keep asserting that alleged anomalies of any entrepreneur must be quickly proven and penalised. Innuendo is uncalled for.
In this entire backdrop it is vital to reflect that entrepreneurs (old and new) may simply reduce investing if they feel that business difficulty or failure has the potential to classify them as delinquent, or threaten personal ruin. If legitimate risk-taking by established and/or budding entrepreneurs is subdued, it is not in the nation’s interest. We need to multiply the enterprising spirit drastically.
Borrowers and lenders
A corporate promise to pay its debts cannot occur in a moral vacuum. Individuals executing such a corporate decision in a contract are free from personal liability (unless they otherwise assume it). Nevertheless, the entrepreneur (or controlling entity behind corporate actions) assigning moral accountability to the corporate borrower is in harmony with our values, increases social trust, and safeguards continued availability of lend able funds.
In a pivotal sense the borrower is the custodian of the lender’s funds and therefore has an ethical duty to avoid conduct significantly increasing risks of non-repayment. There are borrowers who repay obligations on time; there are those who face problems and need support to their intent to repay, and those who wilfully renege on contracts. They all merit being treated correspondingly. Lenders have a first task of sound due-diligence and commercial judgement; secondly, a genuine business difficulty does not render a good judgement bad and therefore merits accommodation. Thirdly, the lender must be alert and rigorous on enforcement of its contractual rights in absence of good faith on borrower’s end; delay is fatal and the system cannot lay the blame elsewhere.
Shareholders essentially provide risk capital (whose value can drop to zero) to an enterprise. A lender’s motivation in providing funds and his rights in relation thereof are entirely different.
It is crucial that risks inherent to shareholders (as a whole) and lenders get reflected equitably in real-world outcomes (that is, equity has to take the hardest knock). Once there is fairer allocation of pain, the systemic view on the NPA situation will become more balanced.
Even the best of plans are subject to economic risk or failure. While entrepreneurs must exercise sound stewardship of stakeholder funds, favourable outcomes cannot be taken for granted.
Under intense scrutiny it is easy to overlook that corporate structures exist for genuine purposes. Time-tested principles of limited liability cannot be breached without proper cause. In my view a revisit is required on the model of personal guarantee as collateral for loans, which took root in an era of wobbly governance and centralised entrepreneur control.
Drastic change
The regulatory system has brought a sea change to governance where such central control cannot exist. Therefore extra-constitutional measures such as personal guarantees lose sanctity, only to provide a false sense of comfort to lenders, which in turn often delays contractual action. Much heartburn on both sides has taken place based on guarantees. The potential of confronting liquidation under recent insolvency laws is a deterrent far beyond brittle collateral, and under present governance norms is the correct pillar to rely on.
Much investment has been made across sectors in the past 6-10 years in the hope of strong economic growth. After the global stress and slowdown, markets went south, and businesses lost pricing power (despite a fall in commodity prices). Cash flows would not sustain debt service (especially at high interest rates). Still, banks did attempt to sincerely handhold for a while. But some debt is now unsustainable, particularly in infrastructure, cyclical businesses or in businesses battered by foreign competition (mainly China). So, stresses of non-performing loans are not new; the system’s pain arose on recognition of this predicament in banks’ own accounts. While such theory is logical, the sagacity of comprehensive and forcible cleaning up of legacy pain within a few quarters must be open to debate. One hoped that as problems had persisted for long the regulator would have shaped solutions earlier.
It is useful to recall that in some contracts enforcement was restrained by judicial verdicts; it does no good to either lament this or blame entrepreneurs. It also does not help if the state’s might and plethora of laws/punishments are threatened in contract enforcement complications.
Wait and watch
An entrepreneur will, in good faith, frequently advocate waiting for healthier times to resolve debt problems rather than breaking up or selling a business. A banker convinced of the bonafides of an entrepreneur will try to support for the time he objectively can.
Distress sales have the potential to destroy value and undeservedly deprive stakeholders, more so in a generally guarded investment atmosphere. Let’s remember that assets put on sale now can be a decade or more old. Whether asset sale or management changes will be a panacea, or merely a deferment of problems, is a moot question.
The system frequently generates 3-letter attempts to solutions — CDR, SDR, S4A — but both lender and borrower ends seem to be skirting reality so far. Following the rhetoric now whipped up (media, public, judiciary, government) I feel appropriate or wholly rational decisions on resolution are still some time away. However I am sure that all responsible quarters hold the view that entrepreneurs remain honest as a class, and continue to support and abide by equitable policies.