It is once again revealed that the private companies are doing their business by utilising the money of the public in various ways. One method is selling the shares. The easy method is to take loans from the banks or pressurise the banks to take shares. This method is maximum used in pumping funds to the private telecom sector. It is reported that as on June 2011, the loans etc. from the banks to the private telecom industry is more than Rs. 94,319 crore. From the State Bank of India (SBI) alone an amount of Rs. 23,000 crore has been exposed to the private telecom companies. It is to be noted that there are only about a dozen telecom companies, meaning that the loans etc. are thousands of crore.

What will happen if some of these companies fail and lose their money. Naturally it will not be owners of the companies but the banks and people who deposited their hard earned  money in the banks.  They may be bailed out by the government also.

Private companies are the blue eyed boys of the government. They will be given all bail-outs. BSNL and MTNL are PSU companies. They are government companies  for which the bail-out is not in the agenda of the government.