Don’t deride public sector. Evidence shows commercial banks in woeful state-Indira Gandhi

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One honourable Member opposite pointed out that I have given public expression to the deficiencies of the public sector. But, I have also said, and I do believe, that the debate between the relative merits of the public and private sector is rather artificial. They both have a vital role to play in our economy. (Interruption) I must say that the reaction of the people all over the country has proved that the step we have taken commands the support of the overwhelming majority of the people of our country. There are, of course, professional Cassandras who have, throughout these...