PM Modi is known for his powerful and sensational decisions which leave not only his cabinet members but also his own party and also the opposition parties stumped.
In the meantime it is known that Lagadapati Rajagopal known for his pepper spray act during the introduction of AP state reorganisation act is planning to make his reentry into politics by joining the ruling TDP.
In the midst of all this it is comingout that PM Modi gave a huge shock to Lagadapati also popular as Andhra Octopus for his pinpoint and accurate surveys and exit polls.
Inside talk is Modi government which is known for its tough decisions is planning to liquidate the Non-Performing Assets (NPAs) of Banks. 12 accounts totalling about 25 percent of the gross NPAs of the banking system for immediate reference under IBC. These accounts form about a fourth of the Rs 10 lakh-crore non-performing assets (NPAs).
Among them, Lagadapati Rajagopal's Lanco Infratech will be the first to face bankruptcy proceedings. It is known that Lagadapati's Lanco Infratech owes banks 18000 crores and its market value is at a paltry 613 crore.
