Labour unions
The Ministry of Finance is in the right direction to curb the undercover activities of the labour unions of the NCBs (nationalized commercial banks, DS report June 18). It is an open secret that the political use of the unions have spoiled the labor leaders, and they are practically beyond disciplinary measures, because of the protection racket.
Rent-seeking culture is entrenched in our society, and there are no leaders strong enough to curb it. The cure starts at the top political level; and it is not forthcoming criticizing the opponents is child's play! The salami racket has to be smashed, before the economy can take off when it goes beyond the growth rate of above seven percent.
In the public sector (services and goods), if the supply position is greater than the demand, then there is less scope for bribery (add red-tapism). Our political masters cannot concentrate with dedication, and are not willing to suffer in public interest. After the budget is passed, the implementation would be lax, thereby taxing the citizens indirectly.
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