Monday, April 17, 2017

People Talk say if the loan amount wived off than how the Nationalised Banks will function? What about Indian Economy?Indian Economy immediately will fall/collapse !!!!???

This is connected to Farmer's of Tamil Nadu protest at Ram Leela Maidan ,   Farmers to close down their Protest immediately and must come back to Home to care their Normal duties. Union Government of India ,in Particular Finance Minister with the presence of Mr.Pon Radha krishnan in the earlier meet agreed to work on Insurance claims settlement to Farmers, storm relief . these were only the Possibilities is the people Talk in Tamil nadu and also in India.  already Government of India by Congress wived off about 72,000 crores on Farmer Loan's in Nationalised Banks. in that for Tamil Nadu it is about 5000 crores plus. Now Once again demanding wive Off Loans is not a possibility is the wide Talk in People over a Month. People Talk say if the loan amount wived off  than how the Nationalised Banks will function? What about Indian Economy? Indian Economy immediately will fall/collapse if Farmers demanding 30,000 crores loans wived off. so it is not possible to Government of India. After 6 decades Congress government wived off the Loans. Now after 2009 this is about 8 years ,so it is not at all practically possible to Union Government of India to wive off such Huge amount of 39,0000 crores plus by Nationalised Banks. Only option is Farmers may please request to Union Government to grant 2plus years to pay back the Loan with out Interest. Interest for that loan amount can be wived off are my idea's appeal to Government of India.  Banks operated with Public Money. Public Money in the Form of Deposits,Savings Bank account,Recurring account, current account etc. This Money has to repaid to people who were the owners. Farmer's were also a part of People .But at the same time this type of Huge amount wive demand from Public Money in Nationalised Banks itself is a Bad Demand is known to Farmer's. so Farmer's has to be ratified on this current situation on Wive off by Finance Minister Mr.Arun Jaietly is a need of this along with Pon Radha Krishnan and L.Ganesan M.P.  is my Humble request. Even after this dialogues if the farmer's continue their protest than  it is meaning less. also to Note meeting Prime Minister is not at all a problem. But the problem in the protest has  to be sorted out is the need of the time. This is good to Farmer's of Tamil Nadu at Delhi. More than any thing continuing the  protest is not good to Tamil nadu and India. 
Regards.

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