RTI Activist Discloses Loan Waiver Worth ₹25 Lakh Crores By NDA Govt
How many loans did Modi govt. write-off? Rs.250,00,00,00,00,000 (Rs.25 lakh crores). An RTI activist revealed that a total of Rs.25 trillion written off by public banks and scheduled commercial banks from 2014 till date. It also mentioned that this amount is 810% higher than UPA 1+2 combined. Furthermore, most loans written off are of larger amounts, as nearly 4000 accounts with loans higher than Rs.5 crore written off.