The government takes step for more looting of people's money, by big corporates.

Recently, finance minister, Arun Jaitley announced a scheme of "Capital Infusion" of Rs.2.11 lakh crores, to the Public Sector banks. An impression is being created that the government banks are not performing well, as a result of which the government is spending a huge amount of the people's tax money, to save those "sarkari banks". But, what is the fact? The Public Sector banks are suffering from a very big disease of "bad loans" which is also called as "Non-Performing Assets". What is this? This is the loan amount not returned by the big corporates. According to estimates, this amount comes to more than Rs. 10 lakh crores. The government should have taken action to realise this amount from the corporates. But, the government has not taken any such action. Rather, during it's 3 year rule, the BJP government has "written off" Rs. 2 lakh crores of this bad loans. Now, the government is putting Rs. 2 lakh crores of the people's money into the Public Sector banks. It is very important also to note what the Finance Minister told. Ha said that, this "capital infusion" will enable the Public Sector banks to give further loans to corporates, which will help fresh investments, employment and economic growth. So, the whole intention of the government in infusing Rs. 2.11 lakh crores into Public Sector banks, is to help the corporates to get further loans from the Public Sector banks. There cannot be a better way for the government, to allow the big corporates to loot people's money. When the government will take action to confiscate the properties of those corporates, who have cheated the government banks?