ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

JP in Town

will not be repaid, the money that will be doled out will not come back. But statistically it is altogether improbable that all of the one thousand and odd parties the bank would offer financial accommodation in one year would turn out to be bad eggs. Even were half of the total funds to come back, the experiment would be well worth under- taking, Here too, there is such a thing as learning by doing. With experience, the banks may discover that they are choosing less and less bad-risk eases. Even were this not to be so, does if. really terribly matter? If the banks could afford to keep quiet on bud debts of the order of Rs 100 crores or more CAPITAL VIEW I HAVE often asked myself why Indira Gandhi usually gets the better of her opponents. Maybe? the recent JP episode has pointers. Alter a terribly stupid exchange with him. she gave JP the kind of halo he needed to pull off a most impressive demonstration of popular anger in Patna. From there, he arrived in Delhi the capital city to launch a new movement.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Back to Top