Today’s “Word of the Day” is “bollygarch” and it is a noun meaning “(especially in India) richest people who have considerable political influence”.
Example Sentence: Banks were left holding the non-performing assets (NPAs). Further, as the bulk of the lending was to politically connected corporate houses and firms (Bollygarchs as picturesquely described by James Crabtree in his book, The Billionaire Raj), debt resolution came in the cross-hairs of the political and banking system.
This word is present in The Hindu article A monetisation move that doesn’t tick most boxes and click here to read it.
Courtesy: The Hindu
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