|
New Delhi, (IANS) Former Finance Minister P. Chidambaram on Sunday slammed Prime Minister Narendra Modi for his remarks about bad loans generated during UPA rule, and asked his government to disclose loans given during the NDA rule that turned into Non-performing assets (NPA).
"The real test is, will the NDA-2 match the record of UPA-2 and that of UPA-1. Let's assume that PM is right when he says that loans given under UPA have turned bad. How many of those loans were renewed or rolled over (that is 'evergreened') under NDA?" Chidambaram wrote on Twitter.
"Why were those loans not recalled? Why were those loans evergreened? How many loans and how much that were given after May 2014 have become non-performing assets? This question was asked in Parliament but there is no answer so far," the senior Congress leader added.
Chidambaram also thanked Principal Economic Adviser Sanjeev Sanyal for endorsing his view that the Q1 GDP growth of 8.2 per cent is largely due to the low base effect (5.6).
"Thank you for also agreeing that, going forward, the base effect will not be so favourable and the growth rate will slow down. Let me repeat, I am happy that the growth rate has quickened, but it is too early to celebrate," he added.
Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.
Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.