Public sector banks are inefficient, poorly governed and beset by largescale corruption.
The best investment schemes fail if they don't offer incentives to intermediaries to push investors.
Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks.
There are millions of taxpayers, all of whom are susceptible to this frustrating situation.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
Here is a look at some of Aseem Chhabra's favourite memories of 2020 in Hindi cinema, performances by well-known and new actors, special moments in films and shows.
