Modi’s view on loan waiver: “Spread disease, then treat it”
Prime Minister Narendra Modi attacked the Congress over its farm loan waiver schemes. He said that in the states where the party has come to power, very few have received benefits from it. Even “a decade ago”, the Congress came to power on a similar promise. But they “fooled everyone”, the Prime Minister said.
Loan waivers have been the big Congress promise. This is coming ahead of the assembly elections. This promise has helped them secure a strong footing in the heartland states of Rajasthan, Madhya Pradesh and Chhattisgarh. They took advantage of the farmers’ anger. This was one of the key reasons for the BJP’s setback. A cash transfer scheme was announced for farmers on Friday’s interim
But the Congress, on the other hand, pointed out that the amount promised is too low. Its just Rs. 6000 a year to small and marginal farmers. Moreover, there has been a call for loan waivers from farmers in various parts of the country. The Congress also said the measure, which involves a sum of Rs. 75,000 crore, was just a political gimmick.
PM Modi was at a rally in Jammu today. He said that ten years ago, the Congress had announced farm loan waiver schemes. It was a false promise for the purpose of winning elections. They are doing the same thing this time as well.
He said, “This was a time when ‘remote control government’ was going on. On this, they fooled everyone and came to power”. While the loan amount was known to be 6 lakh crore, it later turned out to be 52,000 crores.
“When CAG (Comptroller and Auditor General) investigated, they found out some 30 to 35 lakh people were not even worthy of this loan,” PM Modi added.
“Earlier it was ‘bimaar karo, pudiya do’ (spread a disease and then treat it),” PM Modi said, indicating that the Congress created a problem first and then suggested a solution with their farm loan waiver scheme.
