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How about special governance zones to improve Indian cities?

Mint Kolkata

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November 03, 2025

Let these be test enclaves for innovation so that their successful models can be adopted across India

- NITIN PAI

In a recent online conversation on the dismal state of urban infrastructure, a senior political leader all but admitted that government officials are incapable of delivering public works.

When he suggested that willing private companies or industrialists take up the task of supervising the construction of roads, he was not only shifting the responsibility to private individuals, but was also resigned to the fact that public officials cannot do the job satisfactorily. This is the same mindset that causes politicians to suggest that private companies 'adopt' parks, lakes and other public amenities under corporate social responsibility. It is also the logic that puts the onus of fulfilling the right to education on private schools because they do a better job of it.

In the face of such buck passing, the first question that one should ask is just what then is the government for and what it is doing with public funds. But that is a topic for another day. Equally interesting is the practical question of what needs to be done in the face of the open secret that the administrative machinery of governments is incapable of delivering such basic goods as roads, water and drainage.

Mint Kolkata से और कहानियाँ

Mint Kolkata

Apax Funds picks small stake in dosa, foods co iD Fresh

Global private equity firm Apax Funds has acquired a significant minority stake in iD Fresh Food, which makes ready-to-cook packaged food items.

time to read

2 mins

January 06, 2026

Mint Kolkata

Marico’s Q3 margins find relief as copra prices ease

Shares of Marico Ltd shares hit a fresh 52-week high of ₹775.20 on Monday, as its December-quarter (Q3FY26) update suggests the worst of margin pressures may be behind.

time to read

1 mins

January 06, 2026

Mint Kolkata

Lou Gerstner: The CEO who taught IBM how to dance

Louis Vincent Gerstner Jr., the American business leader whose steady hand and clear-sighted strategy pulled International Business Machines Corp (IBM) from the brink of collapse and reshaped it for the dawn of the digital age, died on 27 December 2025 at his home in Jupiter, Florida.

time to read

3 mins

January 06, 2026

Mint Kolkata

Trump warns of higher India tariffs

Graham, a close Trump ally travelling with him, said US sanctions on Russian oil companies and higher tariffs on India had helped curb Indian oil imports.

time to read

1 min

January 06, 2026

Mint Kolkata

The hidden cost of blindly chasing MF leaderboards and past returns

How market cycles and styles keep reshaping mutual fund rankings, and why recent performance rarely repeats

time to read

5 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

Simulation or not, Musk's surreal year could push him to $1 tn heights

shut down if we were boring.

time to read

3 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

Promoter selling hits record in secondary mkt, buying dips

Share sales by company promoters in India reached a record in 2025, and their purchases fell to the lowest level since 2022, as valuation-driven monetization efforts drove sell calls throughout the year.

time to read

2 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

DUAL-ENGINE BOOM: IS SILVER THE NEW GOLD?

Greater financial demand and industrial usage is elevating the metal's status as a safe haven

time to read

7 mins

January 06, 2026

Mint Kolkata

HDFC AMC enters private credit mkt

HDFC Asset Management Company (AMC) has forayed into the fast-growing private credit market with its new Structured Credit Fund, targeting mid-market companies with alternative debt financing.

time to read

1 min

January 06, 2026

Mint Kolkata

Mint Kolkata

Buckle up: Turbulence in the East seems set to rise this year

East Asia will probably become more volatile as tensions deepen

time to read

3 mins

January 06, 2026

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