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Arun Jaitley uses K V Thomas' letter to counter Rahul Gandhi over IL&FS

The government may consider supporting IL&FS in the following areas - such as LIC, SBI to support IL&FS to provide equity and debt of Rs 80 billion

Union Finance Minister Arun Jaitley addresses a press conference after the 'Annual Review Meeting with Public Sector Banks', in New Delhi, Tuesday (Photo: PTI)
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Union Finance Minister Arun Jaitley addresses a press conference after the 'Annual Review Meeting with Public Sector Banks', in New Delhi, Tuesday (Photo: PTI)

Bs Reporter
A day after Congress President Rahul Gandhi questioned the government's alleged move to ask LIC to bail out the IL&FS, Finance Minister Arun Jaitley on Monday posted a letter written by Congress leader K V Thomas requesting the government to infuse money in the beleaguered company. 

“The government may consider supporting IL&FS in the following areas —  guide institutional areas such as LIC, SBI, HDFC to support IL&FS to provide equity and debt of Rs 80 billion requested by the company," the letter by Thomas to Jaitley said.

Jaitley sought to know from where Gandhi invented a proposal