rajagainstthemachine wrote: this guy Raghuram is a well respected economist worldwide and here our government wants to blame him instead.
Ain't that the reason why Indians do well in NASA and everywhere, but rarely back home ? Politics is more important than getting things done 
It may not be a popular view, but Mallya was done not by his business going sour, but the government agencies going after him due to his high visibility - just like how the Indian Govt nearly came to sabotage the F1, initially trying to block it when it was a purely private venture and then when they saw money, deciding to levy duty on the F1 cars !!!Bigjohn32819 wrote:the real issue is that mallya is one of the smaller defaulters ...
here's what is apparently going on ... some in the news, some not ...
mallya - 9,000 cr
anil industries - 20,000 cr
adani - 90,000 cr
and it's still only the tip of the iceberg ...
when money is free, there will always be someone to relieve you of it ...
Incredible India !