President Patil (Yes we have a President and her name once again is Pratibha Patil) made the following statement inher speech on the eve of Republic day while refering to the scam and recent economic losses in Dalal Street - “The traditional Indian ethics emphasised saving wisely, investing productively and not borrowing more than the capacity to repay. These hold valuable lessons for the business world.”
How about Indian Govt demanding money from tax payers (Sometimes even in advance!) without any capacity whatsoever to "repay" through governance and administration. Was Madam President refering to that?
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