Social funding

This refers to the article ‘Financial institution for social infrastructure’ (January 29). It is of paramount importance to build a robust human capital to make India a developed nation by 2047. Health, Education, skilling, and re-skilling are critical factors essential to shaping human capital.

Currently, banks engage in targetted lending, it falls short of the requirements.

So dedicated Developmental financial institutions are the need of the hour and are crucial to create a robust social infrastructure.

VSK Pillai

Changanacherry

With reference to ‘Financial institution for social infrastructure?’ (January 29), the upcoming Budget must cover special provisions for providing more sops towards private investments in the social sector.

As aptly brought out, while existing lending support is focusing primarily towards physical infrastructure, the need for setting up an exclusive financial institution supporting the core social activities is crucial towards an inclusive growth in the sector.

Corporates’ CSR activities or work by charitable trusts are not enough to meet the SDG objectives. Proper incentivization, monitoring and regulatory support are vital for luring external funds into the social sector.

Sitaram Popuri

Bengaluru

Sad demise

Ajit Pawar’s untimely demise will leave a void in Maharashtra politics in general and NCP in particular. He wore his ambition on his sleeve. He was an excellent administrator who would get things done.

He worked long hours and understood the value of connecting with people and workers in each village.

This unfortunate crash raises a few questions. Was the plane technically sound to operate as it was involved in the accident two years ago at Mumbai airport? If there was a poor visibility during second attempt why was landing not aborted and flight diverted to another place?

Baramati crash is a reminder that VVIP flights in India are not safe and AAIB’s investigation must be made public.

Bal Govind

Noida

FTA benefits

Apropos ‘Major FTA breakthrough’ (January 29). The conclusion of negotiations on the India-EU Free Trade Agreement marks a welcome end to years of stalled talks, opening substantial market access for Indian exports, especially in labour-intensive sectors like textiles, garments, leather and gems.

The fact sheet highlights immediate duty elimination on over 90 per cent of our exports by value, which should boost competitiveness and job creation. That said, the deal’s real test lies ahead in implementation. Concerns remain over the EU’s Carbon Border Adjustment Mechanism potentially offsetting gains for steel and aluminium, as well as non-tariff barriers in services, IP enforcement and labour standards.

To maximise benefits, the government should prioritise support for exporters through better compliance with EU sustainability norms, targeted skill upgrades for workers in affected industries, and streamlined logistics. Parallel talks on the Investment Protection Agreement could further build confidence. With careful preparation, this pact can truly drive inclusive growth.

A Myilsami

Coimbatore

Published on January 29, 2026