A Right Move Made In Japan
INDIA has rightly signed a currency swap agreement worth $75 billion with Japan during Prime Minister Narendra Modi’s visit to that country. Surely the swap agreement will aid the country in bringing greater stability to foreign exchange and capital markets in India. Moreover the agreement will result into an important measure in improving the confidence in the Indian market and that it will not only enable the agreed amount of capital being available to India, but also bring down the cost of capital for Indian entities while accessing the foreign capital market. It is a wise decision of the Modi government to strengthen the Indian economy at the time when international factors are severely hitting the country’s economy.
M F U TANDVI, NEW DELHI
Taking Exception To Govt Meetings
THE meeting of the Goa Investment Promotion Board, which was hurriedly held at the private residence of bedridden Chief Minister Manohar Parrikar who is the chairperson of the board, was totally illegal and in rank violation of the rules. Rule 10 of the Investment Promotion Rules 2016 mandates that at least a week’s notice must be given to the members of the board for the holding of the meeting. However, with the consent of the chairperson the meeting can be held with a notice of not less than three days. Even this has not been complied with for the sham meeting of the board dubiously held on Tuesday. It is incumbent on our Chief Secretary to ensure that the administration of the state functions strictly within the framework of law. A sham meeting of the state cabinet has also been scheduled to be held on Wednesday – October 31 – at the private residence of Parrikar. A meeting of the cabinet is always held at the Secretariat and at the most should be held at the Chief Minister’s official residence ‘Mahalaxmi’ at Althinho.
AIRES RODRIGUES, RIBANDAR
Pack Off This Pack Of Ponda Dogs
I would like to draw the attention of the concerned authorities toward stray dog menace near Rajangan-Shantinagar, Ponda. There is a pack of more than a dozen of stray dogs, which keep on barking and fighting among themselves. They terrorise and attack children. The commotion created by them in the night robs us of sleep. I request the authorities to rid the streets of them and make it safe for the residents and wayfarers.
PRASANNA KUMAR M, PONDA