When P Chidambaram (Union Minister of Finance, India) presented the budget for the FY-08, there was a huge uproar following the announcement of the Rs. 60,000 Crore (6*10^12!) loan waiver for farmers.
That is HUGE by any margin… through that, he would eradicate 4% of total bank loans!!!!
Some people cheered it, others cried foul. They [...]
Archive for March 23rd, 2008
UPA Govt’s boon to the farmer…
Posted in Naggers, debatable topics, politics, speaking out my mind, tagged budget - 08, farmer loan waiver on March 23, 2008 | 3 Comments »
