UPA government practiced crony capitalism: Jaitley

New Delhi, Jan 30: Finance Minister Arun Jaitley Friday said the UPA government was a "practitioner of sadistic economy" and "crony capitalism" and called for a review of all the projects that were granted or not granted approval by the previous government. Jaitley spoke after Jayanthi Natarajan wrote to Congress party president Sonia Gandhi, saying that as the union environment minister she followed the party line with regard to protection of environment and also to "requests" from Congress vice-president Rahul Gandhi's office. Natarajan was asked to put in her papers Dec 20, 2013 by then prime minister Manmohan Singh. Jaitley told the media: "...When whims overtake legal requirements this becomes a textbook case of crony capitalism, and this is exactly what UPA government was practicing. The UPA was practitioner of sadistic economy. This sadistic economy which the UPA tried to build up was vindictive in nature, wanting to teach some people a lesson and wanting to favour some people."


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