Skip to main content

What is use of taking back Mallya and Nirav Modi?


It is surprised when any state government went for loans write-off to farmers, Reserve Bank of India not allowed them to do so. 
Of Course! Waving of farmers loans is election promise given by political parties which was not encouraged. But the same RBI over Rs 68,600 crore of loans of willful defaulters like Mallya, Nirav Modi and Choski have been written-off. How the Indian Government write-off the defaulters loans?

Does the Farmers and Defaulters are same? Vijaya Mallya left India on 2 March 2016 and fled to UK. A group of 17 Indian banks are trying to collect approximately ₹9,000 crore loans which Mallya misuse the purpose and divert them for other interests. The news came out after Congress filed for the details of top 50 willful defaulters through RTI Act. According to the RTI reply, absconding Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore.

Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of 1943 crore which have been technically written off by the banks while Deccan Chronicle Holdings Limited have 1915 crore written off loans. When Coronavirus hits Indian economy RBI write-offs help to our economy. States are crying for minimum release of funds to fight on covid-19. 68K crores amount is very much useful to fight against coronavirus. Now, Indian government is serious to return him from the UK to face charges of financial crimes in India and spend crores of money as expenditure to take Mallya and Nirav Modi to India. What is use of taking back Nirav Modi and Vijay Mallya from UK?

Labels:

Comments

Post a Comment

Popular posts from this blog

Photo : Savitri during her last days

Even after 4 decades of her death, people are very much interested to watched her (Savitri) biopic. Mahanati turned to be stupendous success. On eve of remembering Savitri, here we posted Savitri photo. The photo seems her last days. The man stand behind Savitri is Gemini Ganeshan who married Savitri. It seems that she suffered bad days during her last days.
Post a Comment
Read more

Police Attacked Asaduddin Owaisi - Rarest Photo

Post a Comment
Read more

Asaduddin Owaisi make mockery at Muslims!

Asaduddin Owaisi who is president of All India Majlis-e-Ittehadul Muslimeen is playing crucial hidden role in TRS Government. MIM was friendly ally to Congress once in United Andhra Pradesh. 12% Minorities turns to be vote bank to Congress in every elections. MIM was openly supported Congress to counter BJP. But people are seeing very difficult situation in Telangana state. Congress is in opposition in Telangana and BJP comes to fourth position as per 2014 results. Though TRS was not in NDA, but KCR political movements seems to be close to BJP in every aspect. At the time of No-Confidence motion TRS voted for BJP government where as MIM voted against BJP. But both MIM and TRS were in good understanding in Telangana and diversified political stand at Central. During the time of Deputy Chairman for Rajya Sabha too TRS voted in favor of NDA nominee and MIM voted for Congress nominee. Now the question among many muslim voters why Owaisi brothers go along with TRS though know KCR main...
Post a Comment
Read more