Answer to crisis is to put money in hands of people: Chidambaram on govt package

Reacting to the development, Chidambaram said, "Some elementary truths: Credit guarantee is not credit. Credit is more debt. No banker will lend to a debt-ridden business."

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/answer-to-crisis-is-to-put-moneyhandspeople-chidambaramgovt-package_15239321.html
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