https://www.desidime.com/comments/permalink/10150288
credit card holders ki kaab maaf hogi
Using OUR TAX MONEY - Do you like to give loan waver to common people?
Total Number of Votes :
Poll has expired, here are the final results
SHAREMARKET -> impact on SFB banks - Telangana government approves Rs 31,000 crore farm loan waiver
- 1005
- 24
-
- Last Comment
Hello Dimers,
Telangana government approves Rs 31,000 crore farm loan waiver,
what will happen to small finance bank and companies? in share market:)
1) Ujivan
2) Jana
3) AU
4) Equitas
5) similar SFB companies ... etc
please quote your speculation 
in the comments:)
Top Comments
23 Comments
|
12 Dimers
- Sort By
https://www.desidime.com/comments/permalink/10150403
am sure by now these banks would have already balanced that debt waiver as all DC cards rates have been increased just like how SBI got back their dues in imposing MAB fine when they had to waive bad debts 😃
https://www.desidime.com/comments/permalink/10150529
Nothing happens to the banks. Telangana govt is liable to pay the banks. It adds burden to telangana exchequer which is already under debt.
This is fine as long as the money goes to poor farmers who are under stress. With this help atleast farmers suicide should not happen because of the debt.
https://www.desidime.com/comments/permalink/10150612
I agree good for farmers, but Dont know if its good or bad for economy as a whole
For greater economy, I would suggest instead of waving off loans, the govt should "increase their CROP MSP" or something that will put MORE money to agriculture and farmers pocket FOR THEIR WORK instead of giving this FREEBIE LOAN WAVERS, that way agriculture will cherish along with farmers and economy as a whole with less tax increase because of this freebies
View 8
more replies
https://www.desidime.com/comments/permalink/10150780
People who live within four walls think their opinion is best for the nation. At least it's helping the poor farmers.I'm not saying it's good, but what the government is doing is helping the rich while extracting too much tax from common people
https://www.desidime.com/comments/permalink/10150887
yes point to note is helping rich and extracting poor
sad, so this loan waver is actually will indirectly do that,
this keeps poor , as poor waiting for subsidy and loan wavers from political parties in line every 5 years (so sad)
instead if political parties when came to power if they increased MSP, that would made farmer grow on their own with profits
waver is temporary relief and MSP is permanent relief
Side note: If I were a farmer I would need permanent relief (I have family farming land but not doing anything so can't consider myself as farmer yet)
View 3
more replies
https://www.desidime.com/comments/permalink/10152310
The concept of BAIL -IN & BAIL OUT are utterly mis represented in measuring the outcomes.... The farm loan wavier is a BAIL OUT & doesn't solve the problem but instead creates the long term WORSE INCENTIVES to compound the problem
No matter whatever the intent may be ( protecting farmers lives included ) the outcome is compounding the exact opposite..... END CANNOT JUSTIFY THE MEANS and GOOD INTENT will not always have good incentives nor good outcomes
Someone may think I am someone with extreme views or think radical believe me I know how indian psyche works but nothing can save the principal issue too much importance on setting things on BAIL OUT is a definite recipe for future DISASTER led by wrong incentives & Misplaced resources
https://www.desidime.com/comments/permalink/10152317
Exactly:) intent wont matter on long run if the "tax money" is misused like this:)
View 1
more reply
https://www.desidime.com/comments/permalink/10152393
Thank you farmers for feeding us pesticide laced food. Thanks for exporting good quality stuff so that we have to eat the left over. Thanks for depleting the ground water level. Thanks for burning stuff so that winters can be a bit more hellish. Thanks govt for doing this to our poor farmers. 🙏
Click here to reply
Reply
credit card holders ki kaab maaf hogi
Nothing happens to the banks. Telangana govt is liable to pay the banks. It adds burden to telangana exchequer which is already under debt.
This is fine as long as the money goes to poor farmers who are under stress. With this help atleast farmers suicide should not happen because of the debt.