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Modi govt to reap political gains from action against Mallya, Subrata Roy

It is likely that the govt would cite both developments as its success in taking to task Big Money

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Industrialist Vijay Mallya leaves Westminster Magistrate's Court in London after getting bail on Tuesday. He was arrested earlier on Tuesday by Scotland Yard on an extradition warrant

A K Bhattacharya New Delhi

Last Updated : Apr 25 2017 | 7:50 AM IST

It is perhaps easy to miss the coincidence of two developments taking place in quick succession this week, but their significance in national politics should not be underestimated. Nor should there be any celebrations over an early resolution to the problems that those developments are seeking to address.

On Monday, the Supreme Court ordered the auction of the Aamby Valley property of the Sahara supremo, Subrata Roy, to help recover from him dues that market regulator, the Securities and Exchange Board of India (Sebi), estimates to be over Rs 47,000 crore, including interest. Of this amount, the group has so

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