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" "It was in Rajan’s time as Governor of the RBI that loans were given just based on phone calls from crony leaders and public sector banks in India till today are depending on the government’s equity infusion to get out of that mire.
Nirmala Sitharaman (born 18 August 1959) is an Indian economist and politician belonging to the Bharatiya Janata Party (BJP), serving as the Minister of Finance and Corporate Affairs of India since 2019.
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I have just seen the statements by Finance Minister Nirmala Sitharaman. I won't like to comment on that statement, but before one can fix the economy, one needs a correct diagnosis of its ailments and their causes. The government is obsessed with trying to fix blame on its opponent, thus it is unable to find a solution that will ensure revival of the economy.
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