Saturday, 27 April 2024

 

 

LATEST NEWS Mann's roar in Majha!, starts AAP's election campaign in Gurdaspur for Shery Kalsi Mann in Amritsar -When the people of Majha make up their minds, they do not sway, this time they have decided to make AAP win Congress will provide 50 percent reservation to women in jobs: Lamba Haryana CEO takes first-of-its-kind initiative, State Voters to receive Wedding-Style Invitations for General Elections Wheat procurement gains pace as agencies procure 334283.4 MT grains Governor Shiv Pratap Shukla presents Road Safety Awards From Siliguri to a Chai Empire: How a Women Entrepreneur Brew a Successful Tea selling brand CHAIOM Science Fest organised at Rayat Bahra University Detaining the colonizer is a highly condemnable act - Gurjit Singh Aujla AIMS Mohali Observes DNA Day Vigilance Bureau Arrests Patwari Accepting Rs 10,000 Bribe For Mutation Of Land Vigilance Bureau Nabs Senior Assistant For Taking Rs 20,000 Bribe Vigilance Bureau Nabs Reader Of Sho Nri Police Station Taking Rs 20,000 Bribe SANY Heavy Industry India Pvt Ltd Expands Presence with Grand Opening of Raghunath Machinery HO in Rayagada, Odisha Ideathon 2K24 held at CGC Jhanjeri, 160 teams from various colleges participated Retailers Discuss Ways to Stay Ahead of the Curve at the RAI Hyderabad Retail Summit 2024 Bobby Deol Drives the Badass Seltos Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid-to long-term Mobility Strategic Commitments Rupnagar police arrest accomplice of attackers involved in murder of VHP leader Vikas Prabhakar Complete exercise of identifying critical polling stations within this week : Sakshi Sawhney The impact of the Deputy Commissioner Dr. Senu Duggal strictness, a record jump in lifting in two days

 

Bank NPAs increased under Modi government : Randeep Singh Surjewala

Listen to this article

Web Admin

Web Admin

5 Dariya News

New Delhi , 14 Dec 2017

The Congress on Thursday hit back at Prime Minister Narendra Modi on his charge that banks were forced to give loans to select industrialists during UPA rule, saying bad loans increased in his regime.The Congress also demanded a probe by independent agencies into the issue."Yesterday (Wednesday) Modiji said that NPA is the biggest scam. We agree with it but we want to know who gave birth to it," Congress spokesperson Randeep Singh Surjewala told reporters here.Attacking the Modi government, Surjewala said: "When the Congress lost power in 2014, as per the Reserve Bank of India (RBI), gross NPA of public sector banks in 2013-14 was Rs 2,27,264 crore."And as per PIB (Press Information Bureau) press release dated October 24, 2017, this has increased in June 2017 to Rs 7,33,137 crore," he said. "The NPA in 42 months of Modi government increased by Rs 5,05,873 crore."He said the gross NPAs of scheduled commercial banks in 2013-14 was Rs 2,63,372 crore. "And as per the rating agency CARE, gross NPAs of scheduled commercial banks has increased to Rs 8,29,338 crore. Thus, in 42 months of Modi government, it has increased by 5,65,966 crore," he said.Surjewala also said that under Modi government, a total of Rs 1,88,287 crore loans of the industrialists were waived off. "In 2014-15, the NDA government waived loans of Rs 49,018 crore, in 2015-16 it waived off Rs 57,586 crore of loans and in 2016-17 it waived off Rs 81,683 crore loans of industrialists," he said."If he described NPA as the biggest scam, he should then answer why is such a big scam happening under his nose?" the Congress leader asked."The Prime Minister must also tell as to why has his government waived loans of wilful defaulters worth Rs 1,88,287 crore in the last three years?"He dared the government to order a probe by independent agencies into the same.On Wednesday, Modi attacked his predecessor Manmohan Singh and the UPA government, saying some of its "people" had forced banks to lend to some industrialists, which he described as the "biggest scam", bigger than the 2G, coal and Commonwealth Games scams.

 

Tags: Randeep Singh Surjewala

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD