Need to separate individual from institution: FM Nirmala Sitharaman

Sitharaman is in the country's financial capital on a two-day post-Union Budget customary visit

Finance Minister (FM) Nirmala Sitharaman on Monday said one should not take pleasure in bringing down institutions and instead come out in their support during difficult times.

“There are very few institutions of national stature left. Let us not take pleasure in bringing them down. If such an institution is going through a difficult time, we should support it. One needs to separate the individual and the institution. Individuals will come and go, but institutions survive for many years,” she reportedly said, while addressing top executives from the capital markets industry.

Business Standard wasn’t part of the meeting. However, three