SBI's
partnership with Adani Capital is yet another instance
of leveraging a public sector financial behemoth to
promote the interests of a private group. As in all
public-private partnerships under capitalism, the public
sector will bear the risk and cost of investment, while
the private sector will share the rewards generated
through it.
*
This article was originally published in the Frontline
Print edition: January 14, 2022.
|
