So, a company can be started by putting in a share capital
of Rs 100,000. DLF will be happy to give loans/advances of Rs 50 crore to this
company.
Go and buy land with this money. Then sell the land to DLF
at Rs 300 cr.
Book a clean profit of more than Rs 200 cr after repaying the
DLF loan with interest.
And all this in a few months. From Rs 1 lakh to Rs 200 cr.
Wow!! What a business model?
Yes! We are a “Banana Republic”.
Because we allowed this to happen.
Note: Numbers used are indicative and for the sake of illustration.