Modi government silently writes off Rs. 68,000 crore Bank loans of wilful defaulters, including Mehul Chokshi and Vijay Mallya.

An RTI question, replied by the Reserve Bank of India (RBI), reveals that a staggering Rs.68,607 crore bank loan, due from 50 top wilful defaulters, including the absconding Mehul Chokshi and Vijay Mallya, has been silently written off by the government.  Absconder Mehul Choksi tops the list with Rs.5,492 crore. Second in the list comes Sandip Jhunjhunwala and Sanjay Jhunjhunwala with Rs.4,314 crore. Third comes, Diamond dealer Jatin Mehtha with Rs.4,000 crore. Vijay Mallya, who has fled to London also figures in this list with Rs.1,943 crore. The Naredra Modi government has written off the loans of all these “poor” millionaires and has decided to take away the DA of the “rich” Central Government employees and pensioners. Really great.