The fall of UPAs crony capitalism: Arun Jaitley writes on 1 year of Modi govt
May 19, 2015  19:05
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Union Finance Minister Arun Jaitley's report on one year of the Modi government. Jaitley posted his thoughts on this Facebook page. 

"Look back at the situation that existed a year ago before the NDA Government headed by Prime Minister Narendra Modi assumed office. The Government wanted to centralize power in its own hands rather than promote non-discretionary and rule-based governance. "For Sale' signs hung over all Ministries.


Spectrum was allocated at throw away prices to the favoured few.  Investors lost their investment.  Ministers, civil servants, investors were jailed and prosecuted.  Coal blocks were allocated at virtually no price.  Environmental clearances were up for sale.  The Congress Party leaders had become rent seekers and name lenders.

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