Comments on: Who Is Responsible for the Bad Loans (Non-Performing Assets) Problem? https://misesindia.in/2018/09/13/who-is-responsible-for-the-bad-loans-non-performing-assets-problem/ Economics, Freedom and Peace Wed, 18 Mar 2020 17:20:42 +0000 hourly 1 By: PI https://misesindia.in/2018/09/13/who-is-responsible-for-the-bad-loans-non-performing-assets-problem/#comment-81 Thu, 13 Sep 2018 06:10:32 +0000 https://www.misesindia.in/?p=1994#comment-81 Your article misses the point on why R. Rajan was dragged in controversy. There is a beneficiary.

There was the divine right of kids Kings. It perhaps included counterfeiting.

It’s not only one poliical party making noises about others.

It was an RBI official or Goverment bureaucrat who openly accused R. Rajan for wrong policies. Therefore it was THE STATE and cronies TRYING TO FIND A SCAPEGOAT in R Rajan so that it’s divine right to counterfeit is protected. It’s trying to buy insurance in case something goes very wrong as in Venezeula

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