Under relentless attack from Kejriwal and AAP leaders on alleged corruption in Delhi cricket body DDCA, he said the Aam Aadmi Party's success in Delhi seems to have misled the Congress party that vulgarity brings vote.
"What about the statements made by the Hon'ble Chief Minister of Delhi about the Prime Minister and others, both inside and outside Delhi Assembly? If any functionary of the Government of India were to use such language, it would witness a nationwide outrage.
Answering it himself, "I hope not," Jaitley, who has filed civil and criminal defamation suits against Kejriwal and other AAP leaders, said lumpenisation of public discourse can never be high point of politics.
At a lecture yesterday, he had lamented that the public discourse in India has become vulgar.
(Reopens DEL 101)
Jaitley said the restructuring will necessarily involve the banks invoking their powers under the contract converting a part of the debt into equity taking control of those stressed units.
Banks will then appoint a management team of established people from either current or retired representatives who have great experience of those sectors, he said.
Earlier in the day, bankers met separately with Steel Secretary to discuss issues related to NPAs in the steel sector.
"The problem of NPAs, which is of course the next big challenge as far as Indian economy is concerned, we are now coming to a stage when a lot of effective steps both legislative and in terms of policy have been taken," he had said.
Banks now have to enforce their right in the larger interest of the economy because if money keeps lying and blocked with one particular section, then your capacity to lend to others itself is adversely impacted, Jaitley said.
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