Thursday, December 25, 2014

Writing off One Lakh Crore ! ?

Did you read last day's news item regarding "PSBs write off  One Lakh Crore in 5 years" ?

You have read it and took it very light ?  Is it ?  No, this should be an eye opener for you to think, and respond !
Public Sector Banks are Government's . That is, our Government is writing off One Lakh crore !  Do you know for whose sake ?  For all rich and fraudulant people. Those people took loans from the PSBs and never bothered to pay back. Now, the Govt is writing off these loans !  Such huge amounts !

On the other side, Govt refuses to pay pension elements to the Senior Citizens.  Govt is playing hide and seek in  implementing OROP for the Armed Forces. And they have totally ignored OROP for other Central staff.  They need only a fraction of the 'written off' money to implent justice to the Pensioners.


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