ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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CONTENTS

COMMERCIAL BANKS in Delhi came together on January 4 to organise a large public meeting at the capital's Ramlila grounds. They followed the well established procedures, arranging for transport to bring the crowds to the meeting and, according to some newspaper reports, even throwing in an 'entertainment allowance' of Rs 5 to Rs 15 per family as an additional inducement. They also put on an exhibition at the venue of the meeting, highlighting their achievements in the area of helping the poor. It was meant to be a 'festival of the people'. As one newspaper put it, "All roads leading to the venue of the function wore a festive look, adorned with [Congress(I)] party flags and richly coloured buntings. The dais and the pathway leading to it were lined with the choicest potted plants". The commercial banks, to give them the benefit of the doubt, did not perhaps arrange for the party flags, but even so the whole show cost them Rs 10 lakh.

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