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Bank NPAs increased under Modi government: Congress

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New Delhi, Dec 14 (IANS) The Congress on Thursday hit back at Prime Minister Narendra Modi on his charge that banks were forced to give loans to select industrialists during UPA rule, saying bad loans increased in his regime.

The Congress also demanded a probe by independent agencies into the issue.

“Yesterday (Wednesday) Modiji said that NPA is the biggest scam. We agree with it but we want to know who gave birth to it,” Congress spokesperson Randeep Singh Surjewala told reporters here.

Attacking the Modi government, Surjewala said: “When the Congress lost power in 2014, as per the Reserve Bank of India (RBI), gross NPA of public sector banks in 2013-14 was Rs 2,27,264 crore.

“And as per PIB (Press Information Bureau) press release dated October 24, 2017, this has increased in June 2017 to Rs 7,33,137 crore,” he said. “The NPA in 42 months of Modi government increased by Rs 5,05,873 crore.”

He said the gross NPAs of scheduled commercial banks in 2013-14 was Rs 2,63,372 crore.

“And as per the rating agency CARE, gross NPAs of scheduled commercial banks has increased to Rs 8,29,338 crore. Thus, in 42 months of Modi government, it has increased by 5,65,966 crore,” he said.

Surjewala also said that under Modi government, a total of Rs 1,88,287 crore loans of the industrialists were waived off.

“In 2014-15, the NDA government waived loans of Rs 49,018 crore, in 2015-16 it waived off Rs 57,586 crore of loans and in 2016-17 it waived off Rs 81,683 crore loans of industrialists,” he said.

“If he described NPA as the biggest scam, he should then answer why is such a big scam happening under his nose?” the Congress leader asked.

“The Prime Minister must also tell as to why has his government waived loans of wilful defaulters worth Rs 1,88,287 crore in the last three years?”

He dared the government to order a probe by independent agencies into the same.

On Wednesday, Modi attacked his predecessor Manmohan Singh and the UPA government, saying some of its “people” had forced banks to lend to some industrialists, which he described as the “biggest scam”, bigger than the 2G, coal and Commonwealth Games scams.

–IANS
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Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok

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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.

The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.

Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.

Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.

For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.

During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.

Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.

Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .

Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.

In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.

During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.

In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.

He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.

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