VIJAY MALLYA

ASSOCIATED PRESS

How India's Socialist Psyche Creates ‘Villains' Like Mallya

A reasoned debate on Kingfisher's default and Mallya's continued belligerence would force the government to modernize bankruptcy laws, privatize the banking sector or at the bare minimum make the banks accountable, modern and free of government influence but the whole debate is focused around who let Mallya out and how to bring him back. Unless we can learn to focus the debate on real issues and put our energy behind solutions, we will continue to have businessmen like Mallya profit at the cost of taxpayers.