PM Modi’s strategy has by no means been supportive of any “cronyism” in any means, stated Nirmala Sitharaman.
New Delhi: The strategy of Central authorities and Prime Minister Narendra Modi has by no means been supportive of any “cronyism” in any means, stated Finance Minister Nirmala Sitharaman on Wednesday.
In an interview with ANI, Ms Sitharaman stated that no complaints have been acquired towards the centre over any instructions issued to banks the previous 5 years.
“This government and Prime Minister Narendra Modi’s approach has never been supportive of any cronyism in any way. In the last five years, you have seen clearly. No one had any complaint about us calling and instructing banks,” she stated.
“So, I think that is not an issue. If anything that the banks are hesitant is to extend loans, which may go bad for which the way we have devised the schemes that we would definitely guarantee any loss that happens,” she stated.
Speaking additional, the minister stated: “We don’t promote corruption or cronyism. Banks have to take genuine decisions.”
About Post Author
