Can’t call schemes ‘freebies’, says DMK, seeks to join case in SC

Requesting to become a party in the pending petition by Ashwini Upadhyay challenging distribution of freebies in which the SC has agreed to set up an expert panel to evolve a regulatory mechanism, the APP said, “In FY 2021, total debt of the sector stood at Rs 5,89,000 crore with an immediate debt obligation of Rs 1,06,000 crore, which poses a growing risk to Indian financial institutions.”

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