- Jan 31, 2019
Funny thing is that the idea of oil bonds she curses everyday is now being implemented in the form of recapitalization bonds for banks etc which again be due during the 2028-29 timeline.Would be nice to see Nirmala exhibit some intellectual honesty once in a while.
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Oil bonds UPA: Instead of paying direct subsidy to oil marketing companies from the Budget, the then government issued oil bonds totalling Rs 1.34 lakh crore to the state-fuel retailers in a bid to contain the fiscal deficit.indianexpress.com
The issue of short-transfer and under-utilisation of cess collected in the Consolidated Fund of India for their dedicated accounts has been a recurring problem for many years.www.moneycontrol.com
So she herself ended up putting a massive burden on the future govt of India while blaming the Congress when she is no different.