Mudra high

This refers to the report ‘Mudra loan disbursals hit a record ₹5.64 lakh cr in FY26’ (April 10). The scheme has popular among those engaged in low-scale economic activities who lack access to credit. The mudra loan products enabled the beneficiaries to acquire assets for their businesses and services.

For lenders, retail loans are more profitable and have less potential for asset quality deterioration. However, it is imperative to create awareness among borrowers.

VSK Pillai

Changanacherry (Kerala)

Sensible forecasting

This refers to the article “Charting an intellectually honest way of forecasting” (April 10). The piece rightly highlights how traditional baseline forecasts fail in today’s volatile environment.

A shift towards scenario-based forecasting is sensible, but it must be communicated clearly. Institutions should present a few realistic scenarios with transparent assumptions, not technical jargon. Regular updates, based on incoming data, would improve credibility.

Further, independent review of forecasts can reduce bias.

SM Jeeva

Chennai

Points to ponder

This refers to the news report ‘Haryana, Karnataka, Telangana are top talent magnets’ (April 10). That just six States in India are self-sufficient in net talent attraction for white-collar jobs is something other States need to ponder.

States providing a business-friendly environment have done well. Besides, the study shows the reasons for the States topping net positive talent balance are — future-ready world-class infrastructure, strong global pull, scalability and preferred career destination among others.

YG Chouksey

Pune

Cautious mode

Apropos the Editorial ‘Wait and Watch’ (April 10). The MPC’s decision to pause interest rates is a sober recognition that inflation today is driven less by demand excess than by supply shocks from war and weather. Raising rates would risk stifling growth without easing these pressures. The real test lies in strengthening banks, managing capital flows, and sustaining rupee stability.

Prudence must be matched by agility, with policy remaining transparent and data-driven. India’s credibility in navigating global headwinds will rest on balancing resilience with foresight, ensuring that monetary caution does not slip into inertia. The pause is valid, but the path ahead demands vigilance, adaptability, and a willingness to recalibrate swiftly when circumstances shift.

K Chidanand Kumar

Bengaluru

Published on April 10, 2026