It is very naive of our analysts not to consider all details before commenting.
In all these years, the government is subsiding the banks for the Agriculture loans they give out. Both for the interest as well as for the possible bad debts.
Here is the details that is summed up to Rs. 60,000 Crore.
And in this case of loan waiver, not much is to be assigned for by the government.
And this is not what our analysts are looking into.
I have gone through a report that is being prepared for the purpose by a Regional Office of SBI. And they have mention these facts in their fact sheet that was to be transmitted to their Local Head Office.
So the entire workout for the government may not be even 10% of what it is projected in the budget.
RE:Smaller Debt of Farmers
by Vikky on Mar 18, 2008 04:14 PM Permalink
I think the analyst is correct. Congress is a seasoned party and they know that they have done nothing remarkable during the current tenure. This tenure started with reservation issue from Arjun Singh which remained in limelight for 11/2 year, then Ramdoss one point agenda to sack AIIMS director and for the last 1 1/2 year we have nuclear issue. Now congress leaders are happily going around saying they have sanctioned 60,000 crore to pay for farmer debt. Now some body should tell whose money is this. Its ours, the so called tax payers who will see infrasture development process further getting delayed. Then we have left parties who are in their own world. GOD SAVE INDIA.
RE:Smaller Debt of Farmers
by tultul das on Mar 18, 2008 04:28 PM Permalink
well said !!! Even God can't save as long as congress,left netas are around .... VOTE for BJP and SAVE INDIA
RE:Smaller Debt of Farmers
by Nitish Kumar on Mar 18, 2008 04:32 PM Permalink
There is no one in BJP now to lead the nation - Bajpai gone, Mahajan Gone, RSS, VHP - The trouble makers, Adveni alone can not run govt. Hence Vote for Congress
RE:Smaller Debt of Farmers
by Chetan Shah on Mar 18, 2008 04:49 PM Permalink
yea vote for BJP and see GODHRA type of riots happening all over India now.
RE:Smaller Debt of Farmers
by samir singh on Mar 18, 2008 04:30 PM Permalink
yes the left are in their own world because they are cpi(m)= confused party of india(maar peet)
RE:Smaller Debt of Farmers
by Nitish Kumar on Mar 18, 2008 04:10 PM Permalink
This means Congress is Smarter than all other parties, Congress understands politics better than anyother party in India. Hence, Vote for Congress
