"After I became the Chief Minister in 1969, I went to New Delhi in July to take part in a National Development Council meeting. Ajoy Mukherjee was West Bengal Chief Minister then and Jyoti Basu was Deputy Chief Minister. When I made a forceful plea in my speech for the nationalization of banks, newspapers in North India highlighted it in a big way. Morarji Desai, who was then Deputy Prime Minister and Union Finance Minister, opposed my viewpoint."- M. Karunanidhi, Former Tamilnadu Chief Minister