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Crony capitalism in India ended with insolvency code, says Niti Aayog CEO

Updated : June 14, 2018 10:53 AM IST

Kant said the banks were going bust because the advances by the lenders were not repaid and the government had to bring some discipline
With the unearthing of fraud cases like Nirav Modi incident, the government was held accountable and it appeared to be a regulatory failure, he added.
Crony capitalism in India ended with insolvency code, says Niti Aayog CEO

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