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The Central Government has the names of corporates, who have taken loans from banks and not remitted back, which is treated as Non-Performing Assets (NPA). This comes to about Rs. 2.60 lakh crore. Why the government is not naming them and put in the public domain? It is not that these corporates do not have funds to repay, but are escaping from payment through one excuse or other. The Public Sector Banks are the worst hit. Even it can be doubted whether there is any conspiracy between the banks and the corporates.
The Left Party leaders Coms. Sitaram Yechuri (CPIM) and D.Raja (CPI) in a Seminar in Chennai demanded that the names of these defaulter corporates should be published.
The government should act immediately and name and shame the defaulters and collect the due amount from them.