I think we failed to treat a business problem as a business problem and find the business solution,” he said. Chidambaram said that instead of dealing with a business problem and finding a business solutions, a political twist, a legal twist was given to it. The result was that today the power and telecom sectors are ‘in a shambles,” he said. Chidambaram said that if one drilled deeper, one would find that the two sectors have contributed to the NPA problem more than anything else. Slamming the NDA government, he said the government knows there is a job problem, but refused to speak about it.

Source: Mint March 12, 2018 03:33 UTC