"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."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Economists from IndiaFinance ministersBharatiya Janata Party politiciansMinisters of Defence of IndiaGovernment ministers of India
Original Language: English
Available Languages (1)
Sources
Accusing Raghuram Rajan of crony capitalism, as quoted in
https://en.wikiquote.org/wiki/Nirmala_Sitharaman
Revision History
No revisions have been submitted for this quote.
Categories
Nirmala Sitharaman
4 quotes on TrueQuotesView all quotes by Nirmala Sitharaman →
Related Quotes
"I don't eat a lot of onions and garlic, so don't worry. I come from a family that doesn't care much for onions."
"Health and education have never been called freebies. No Indian government has ever denied them. So classifying educa…"
"I have just seen the statements by Finance Minister Nirmala Sitharaman. I won't like to comment on that statement, bu…"
"persistent power supply constraints pose risks to industrial and mining productivity, potentially dampening growth pr…"
"Volatility in global commodity prices, coupled with constrained access to external concessional financing, may advers…"
"For instance, the drastically higher tariffs imposed by the United States on imports from most economies could have d…"
"I observe in this Forum's founding document, and indeed also in the draft constitution of the regional body to which …"
"I never mentioned Mugabe or any president in my speech. I made the speech at a UN meeting last September. What I said…"
"The only country I mentioned at the UN meeting is South Africa which I said is the most liberal when it comes to issu…"
"I believe one of the secrets of our success has been our commitment to empowering all members of our society."