Thiruvananthapuram: Former KPCC president VM Sudheeran has mentioned that the transfer by the Congress in the direction of a neo-liberal financial coverage is unhealthy for the nation. This additionally affected the Congress occasion. Nehru – – Indira It’s crucial to return to financial insurance policies. The Congress ought to be taught from expertise and consider the scenario critically and proper itself. In an announcement issued as a part of the 52nd anniversary of the financial institution’s nationalization, Sudheeran slammed the Congress’ coverage.
Indira Gandhi nationalizes 14 giant non-public banks with deposits of over Rs 50 crore. This has made an enormous distinction within the financial system of the nation. The financial institution department, which was situated within the metropolis middle, was broadly opened within the villages. Later, the Congress went forward with the neo-liberal financial coverage, which was unhealthy for the nation and the Congress. Sudheeran mentioned Modi had gone forward with blind privatization claiming that it was a continuation of the Congress’ financial coverage.
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