This refers to your editorial "Kalam's Visit to Tamil Nadu" . You have rightly pointed out that the good suggestions of President A.P.J. Abdul Kalam regarding the prediction of the quantum of rain, inter-linking of rivers and creating employment opportunities by students need implementation in the best possible manner by the authorities concerned. The Finance Ministry should sanction loans to qualified youngsters at the lowest possible rates to start some enterprise of their choice. The present rates of interest are exorbitant and unworkable. It is not easy for young entrepreneurs to get a loan from a bank or financial institution. We have seen the fate of farmers in Maharashtra, Andhra and Tamil Nadu committing suicide because of their inability to repay the loans.
Published in The New Indian Express dt. 7 December 2005
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