Thursday, 17 September 2020

KV Kamath commitee to help blood sucker, bourgeois



Indian Economy, dominated and ruled by corporate capitalism is sinking and is on ventilator. It is not possible to give help to all of these corporates. So some parameters were required. KV Kamath commitee was appointed for this purpose.

The panel, led by veteran banker KV Kamath, recommended financial ratios for 26 sectors that lending institutions can follow while forming a resolution framework.

Now, these blood suckers capitalism will be saved at the cost of public money on the basis of Kamath Committee report.

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