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                     individuals, sometimes in    came to power in 2014. Lakhs of   The BJP joining hands with the
                     collusion with institutions, to   jobs have been lost, mostly in the   AIADMK is another game of
                     defraud the system. It is neces-  informal sector, and because of   opportunism.
                     sary for parents and students to   demonetisation. Thousands of           N ViSVeSwaraN
                     be vigilant and not give room to   youth from faraway parts of the
                     acts that bring disrepute to the   north and Northeast are now   There cannot be a more op-
                     country and the system.      working in the south as there   portunistic alliance than the
                                       DBN Murthy  are fewer opportunities in their   one formed between the All
                                                  States. In the public sector, the   India Anna Dravida Munnetra
                     Naresh Goyal will be the     pronounced tilt towards priva-  Kazhagam and the PMK. It was
                     only winner in Jet Air deal  tisation is cutting off opportuni-  only recently that some in the
                     With reference to the report “What ails Jet   ties for educated youth.  PMK complained about the AI-
                     Airways?” by Suman (January 31)              GB SiVaNaNDaM  ADMK’s alleged corruption. One
                     One can only see a clear winner                           wonders what happened now.
                     in the bank-led rescue attempt   The employed category in sev-  The PMK is too naive to take
                     of Jet Airways — Naresh Goyal,   eral sectors, both government   people for granted. One hopes
                     who will be laughing all the   and private, is over-burdened,   that people recognise and reject
                     way to the bank, with the banks   evident in the banking and in-  the opportunistic politics behind
                     becoming majority sharehold-  formation technology sectors.  such alliances.
                     ers while management control   Mental health issues are also                t aNaND raj
                     could remain with Goyal.     on the rise. It is time the govern-
                       Conversion of bank debt into   ment enacted suitable statutes   Politics makes strange bed-
                     equity at a notional value of 1   to regulate the workload and   fellows and the seat-sharing
                     is nothing but recognition that   targets. It may be possible to find   accord reached between the
                     the debt would not be paid. To   more job opportunities for the   AIADMK, the BJP and the PMK is
                     add insult to injury, banks have   unemployed if available jobs are   proof that parties with disparate
                     also committed themselves to   evenly distributed. As welfare is   ideologies that have been spew-
                     meet a “funding gap” of 8,500   not money alone, this is an area   ing venom at each another can
                     crore, which is nothing but   for focus.                  come together to fight elections
                     taking a quasi-equity exposure                  PG Mathew  by swallowing the insults. What
                     at debt pricing. If banks began                           is really puzzling though is the
                     preferring equity exposure to   Going by the growth trajecto-  PMK hitching its wagon to the
                     debt, for whatever reasons, the   ry in the past few decades, it is il-  AIADMK star.
                     cost of financial intermediation   lusory to expect any government   There are numerous instanc-
                     would rise substantially, making   to “vacate the stage” if it has   es of the top leadership in the
                     Indian industry totally non-  failed to generate employment.   PMK highlighting the “misdeeds”
                     competitive. Overall, the deal   There has been little difference   of the Dravidian party and even
                     appears to be another case of   in the economic policies of the   accusing it of being indifferent
                     public resources being used for   Congress and the BJP, which   towards the people.
                     private gain.                have remained pro-big business.                 CV araViND
                                      SuShil PraSaD  The alleged fudging of official
                                                  data may indicate that we have   The alacrity shown by the BJP in
                     Regular employment           not lagged behind in graduating   stitching up electoral alliances,
                     opportunities go missing     to a post-truth society.     in Tamil Nadu and Maharashtra,
                     With reference to the report “Jobs not in sight,          proves that politics is the art of
                     data missing too” by MY Siddiqui (February 15)  MaNohar aleMBath
                     The data on employment, or                                the possible. By agreeing to be
                     their lack, are there for all to see.   Opportunism prevails as   a junior partner in Tamil Nadu
                     Regular employment oppor-    Lok Sabha polls get closer   and mollifying a sulking ally in
                     tunities appear to be a thing of   With reference to the online report “BJP, AIADMK   Maharashtra says much about
                                                  join hands for Lok Sabha polls” by Tehelka
                     the past, with employment on   Bureau (February 19)       its pragmatic politics aimed at
                     a contractual basis and daily   The PMK allying with the AI-  the larger picture — of winning
                     wages becoming common.       ADMK is an unanticipated move   the general election. The strat-
                       The now infamous promise of   given that that party has been   egy seems to be one of losing a
                     the government, of the creation   critical of the AIADMK admin-  few battles but gearing up to win
                     of two crore jobs every year,   istration ever since Jayalalithaa   the war.
                     was an important reason why it   was in power in Tamil Nadu.               CG kuriakoSe



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