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Sir, - Everyone, while exposing the UTI is talking only about US-64. But unfortunate investors in other schemes also suffered heavy losses on account of the UTI debacle. For example, the investors of DIP 91, which matured in October 2001, were repaid only Rs. 8.66 as against its face value of Rs. 10. As regards MIP 96(IV), the redemption amount has been announced as Rs. 8.37 as against the issue price of Rs. 10. Now, what is the difference between the defaulting private finance companies and the UTI which is run by the Government?

T.K. Somasekharan,

Chennai

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