Kool_SRG Posted March 21, 2018 Report Posted March 21, 2018 HIGHLIGHTS It started with Rahul accusing BJP government of waiving loan worth Rs 2.5 lakh crores of 15 rich people in the country. The BJP Karnataka ended up acknowledging that few “corporate loans” were written off by banks in last 4 years. Karnataka chief minister (CM) Siddaramaiah yesterday tricked the BJP unit of his state into admitting that banks under NDA government did write off loans to industrialists. It all happened on micro-blogging platform Twitter, where the BJP Karnataka ended up acknowledging that few “corporate loans” were written off by banks in last 4 years of the BJP government in centre. Referring to the centre government as “suit boot ki sarkaar”, a term coined by Congress president Rahul Gandhi, Siddaramaiah said, “Good! At least you admit the loans of large industrialists have been written off. Now, please join us in requesting PM Modi to write off the loans of our farmers if they can’t be waived.” It started with Rahul accusing BJP government of waiving loan worth Rs 2.5 lakh crores of 15 rich people in the country, while applauding Congress CM Siddramaiah for waiving loan of Rs 8000 crores of farmers in Karnataka. The saffron party’s Karnataka Twitter account, while reacting to these allegations, maintained that banks had not waived corporate loans but only written them off, and they will be recovered in due course. Hitting back further at the Congress scion, the BJP Karnataka claimed he lacked any technical understanding of economics. However, as it turned out, even the BJP was technically incorrect, as pointed out by the Congress leader Salman Aneez Soz. Soz said that PM Modi and his team is “ignorant” about basic economics as loans that are written off are “unrecoverable”. Quote
Kool_SRG Posted March 21, 2018 Author Report Posted March 21, 2018 Siddaramaiah ✔@siddaramaiah Good! At least you admit the loans of large industrialists have been written off. Now, please join us in requesting PM @narendramodi to write off the loans of our farmers if they can’t be waived. Please show that yours is not a #suitbootkisarkar https://twitter.com/bjp4karnataka/status/976047056006590464 … 8:17 PM - Mar 20, 2018 Quote
reality Posted March 21, 2018 Report Posted March 21, 2018 Sid gadu Vishwanathan Anand ki Coach aa endhi? Anni Chess moves esthunnadu... Quote
Kool_SRG Posted March 21, 2018 Author Report Posted March 21, 2018 ✔@ANI In last few yrs BJP govt waived off loan of 2.5 lakh cr of 15 richest people. When farmers talks of loan waiver, PM Modi & FM say it isn't their policy. Siddharamaih ji & Congress govt in K'taka waived off loan of Rs 8,000 cr of farmers of Karnataka :Rahul Gandhi, Congress Pres 2:39 PM - Mar 20, 2018 381 360 people are talking about this Quote
Kool_SRG Posted March 21, 2018 Author Report Posted March 21, 2018 BJP Karnataka ✔@BJP4Karnataka #LieDetected Banks have not waived off corporate loans, they have written off, meaning they will recover it. From someone who doesn't understand difference b/w bhrastachaar & balatkaar, it is unfair to expect understanding of difference between loan waiver & loan write off. https://twitter.com/ani/status/976022855719817216 … 4:15 PM - Mar 20, 2018 Quote
Kool_SRG Posted March 21, 2018 Author Report Posted March 21, 2018 Salman Anees Soz ✔@SalmanSoz No wonder Modi & team have damaged India’s economy. It is a result of ignorance of basic economics. A bank loan write off occurs when a loan is unrecoverable. If write-off meant recoverable, banks would love NPAs @INCKarnataka https://twitter.com/bjp4karnataka/status/976047056006590464 … 7:36 PM - Mar 20, 2018 686 388 people are talking about this Quote
Staysafebro Posted March 21, 2018 Report Posted March 21, 2018 1 minute ago, reality said: Sid gadu Vishwanathan Anand ki Coach aa endhi? Anni Chess moves esthunnadu... It is still a miracle if they win again there Quote
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