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  • 1 year ago
"We shall take back every money which has been taken from the bank." The BJP government is out to reclaim unpaid bank debts. But how do they stack up against the previous administration?
Transcript
00:00The wrongdoers and the monies which have been taken away will all be brought back.
00:06We as a government have actively pursued them, whether they are in this country or whether they have gone away from India.
01:00I am sure our systems will work in such a way that wrongdoers and the monies which have been taken away will all be brought back.
01:10That is what is happening in the entire country.
01:14You would have seen in newspapers, banks not performing as such, the NPAs of banks had been a cause for worry as soon as in 2014 when PM Modi came to power.
01:30In order to bring the NPAs down, there were specific formulations.
01:35Those who took the loans, led it to become an NPA and didn't pay back the taxpayers' money which is what is in the banks.
01:45We as a government have actively pursued them, whether they are in this country or whether they have gone away from India.
01:53And ensured that their properties are attached, ensured that the properties are through a legal process, sold or auctioned out.
02:04And those monies have been paid back to the banks.
02:08That shall continue to happen.
02:11And irrespective of where the NPA holders are and irrespective of where their accounts were,
02:18every NPA shall be pursued actively so that the money which has been taken away from the banks,
02:27banks' monies are taxpayers' monies and that shall apply to J&K as well.
02:33We shall get back every money which has been taken from the banks and not serviced.
02:37It will come back to the banks.
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