Letter to BS: Time for Jaitley to act tough and root out the NPA malady

Pushing the issue below the carpet for political or other reasons may lead to dire consequences

This is in reference to “Jaitley to be in office next week” (April 16). That the finance minister is joining work after recuperation is a welcome news. The most critical issue waiting for the FM's immediate attention is the issue of burgeoning non-performing assets. The NPA volcano is waiting to erupt and turn into a national catastrophe, with new skeletons tumbling out of the cupboard every day. The problem now calls for immediate corrective measures including bringing to book culprits responsible for the fiasco, however big they are. NPAs, willful default and scams like the one at Punjab National Bank