Wearing Identities; Wiping Froth; Hardy Grains

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Uttarakhand CM Pushkar Dhami; BSE Building; G20 Menu

Uttarakhand CM Pushkar Dhami; BSE Building; G20 Menu

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Opinion Watch

Wearing Identities

The Telegraph has hauled over the coal in its editorial the rising clamour for changing names in India. The Kolkata-based daily hailed the consultative process for proposed name change of Lansdowne after Bipin Rawat, first Chief of Staff. The people rejected the move, basing arguments on possible adverse impact on tourism. The daily slammed the whole clamour, calling it an offshoot of identity politics, as wasteful, while stressing that Prayagraj from Allahabad alone cost the exchequer Rs 300 crores.

History is sometimes glorious and sometimes inglorious. But the lasting truth is the fact that history cannot be erased, and it’s better to accept the past and build a better present and future and avoid frivolous actions.    

Wiping Froth

Several dailies have rah editorials on the bloodbath in the midcaps and smallcaps in the stock market, holding concurrence that such scrips had been in wild run, extending their gains beyond justifiable fundamentals. The Economic Times and The Indian Express in their respective editorials have stressed on the valuation gaps between the largecaps and their smaller peers. The dailies have argued that the foreign institutional investors will adjust to the hard realities of heated market, while also noting that the people may seek out fixed incomes if they become attractive.

Stock market by nature price in the future prospects, and the thematic smallcap and midcaps have been buzzing for months on China plus one factor, as well as government’s policy shifts. Also, correction is integral to bull markets, and there are indeed no signs that the fixed income options would become attractive anytime sooner.     

Hardy Grains

The Indian Express in its editorial has spotlighted India showcasing millets at the G20 Leaders’ Summit. The menu at the high table consisted of a wide variety of meals made of millets, and also some organic varieties such as red rice of Kerala. The Noida-based daily stated that India conveyed the message of the adopting the hardy grains amid growing food shortage.

Diversifying the food basket is the only way out of the adverse impact on outputs of wheat and rice, and millets, while being super food, offer viable alternative which could be adopted in several continents. That it’s an International Year of Millets is also underlines the urgency to make the hard grains more popular globally.  

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