The Center to the rescue

Just how insane is this?

A post yesterday spoke of how public sector banks, alarmed over the misuse of loans to the Punjab government, has put a stopper on further loans. Inter alia, I’d pointed at the Rs 10,000 crore scam, spread over three states, that has to do with food procurement.

So what does the Central government do? It will give the Punjab government a Rs 20,000 crore line of credit to perpetuate the scam. Because see, Punjab is doing what it is doing “in the national interest”.

Who was it who said we get the government we deserve?

 

 

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