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Hypothesis
by Lalatendu Deo on Mar 18, 2008 09:49 PM

There are too many ifs and buts in the Senoy-Article that makes the analysis to be close to amusing. Mr. Senoy is perhaps ignorant about the financial support that the government of the day has been paying out to the Banking System, in all these years to implement its (including the period of BJP) Agriculture Policies. And the Rs. 60,000 Crore includes the bad debts that has already been written off by banks due to stricter reporting policy which has been introduced about 3 to 4 years back. For that the Government had made a hefty contribution then.

And, the actual hand-out from the Government will thus only to be too minimal to make any dent on the economy.

And if it so, the whole analysis is nothing but a bad hypothesis.

And when the FM and PM are telling that they have their home-work done properly, we have to believe them.



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Congress has Left in debt trap