New Delhi: A shocking statistic has come to light between businessman Neerav Modi’s reported lapse of Rs 11,400 crore to Punjab National Bank (PNB). 
In the last 11 years, the government has made a lot of money to improve the condition of government banks. Government firms are facing huge losses due to corporate fraud and incorrect loan being given to them. In order to improve the condition of banks, governments have to pay a large portion of the budget to this sector. According to the news of the English newspaper Times of India, in the last 11 years, the government has put 2.6 lakh crore rupees to the government banks to improve the non-editable asset (NPA). Meanwhile, three finance ministers have been in the tenure of Pranab Mukherjee, P Chidambaram and Arun Jaitley. It is to be noted that this figure is more than the estimated losses in the country from the country’s largest 2G scam. This figure is twice the amount allotted for rural development in this year’s budget. It is known that according to the Accountant General and Controller of India, due to the 2G scam, the official treasury had estimated loss of one lakh 76 thousand crore rupees.
