• Rajasthan

    Cong 103
    BJP 70
    RLM 3
    OTH 23
  • Madhya Pradesh

    Cong 117
    BJP 104
    BSP 2
    OTH 7
  • Chhattisgarh

    Cong 63
    BJP 18
    JCC 9
    OTH 0
  • Telangana

    TRS-AIMIM 94
    TDP-Cong 22
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

Poor honest, generous; rich try to evade repaying loan: PM Narendra Modi

By: | Published: April 5, 2016 9:51 PM

In a veiled dig at large corporate defaulters like Vijay Mallya, Prime Minister Narendra Modi today said while poor people are generous and honest some rich borrowers look for ways to flee after taking loans.

"Look at their honesty, their self respect. They opted to put money into their accounts... Rs 50, 100, 200. The deposits exceeded Rs 35,000 crore. This is the generosity of our poor people," Narendra Modi said. (PTI)“Look at their honesty, their self respect. They opted to put money into their accounts… Rs 50, 100, 200. The deposits exceeded Rs 35,000 crore. This is the generosity of our poor people,” Narendra Modi said. (PTI)

In a veiled dig at large corporate defaulters like Vijay Mallya, Prime Minister Narendra Modi today said while poor people are generous and honest some rich borrowers look for ways to flee after taking loans.

Addressing a function to launch government’s financial inclusion programme Stand Up India, he said under the Prime Minister’s Jan Dhan Yojana poor people were encouraged to zero balance account but they deposited Rs 35,000 crore.

“This nation has seen the generosity of poor. Rich borrowers look for ways to run away after borrowing money from banks. The poor people were required to open zero balance account under the Jan Dhan scheme.

“Look at their honesty, their self respect. They opted to put money into their accounts… Rs 50, 100, 200. The deposits exceeded Rs 35,000 crore. This is the generosity of our poor people,” Narendra Modi said.

He, however, did not name liquor baron Mallya whose group company owes over Rs 9,000 crore to 17 banks, had left the country on March 4 and currently is in the UK.

Mallya’s financial dealings are being probed by several investigative agencies, including CBI, Enforcement Directorate and tax department.

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