10 Points: Ravi Shankar Prasad hits Congress hard on North East, NPA

New Delhi, March 5: Union Minister Ravi Shankar Prasad was in no mood to pardon. He minced no words as he pointed out the follies one by the UPA regime. His accusations were backed by analyses and research. Taking a dig at the former PM Manmohan Singh he said, "Under the so called economist Prime Minister Manomhan Singh, the entire banking system went haywire due to all kinds of interference with it. Congress has been indulging in the politics of fear and confusion in the last 4 years."
Ravi Shankar Prasad also attacked P Chidambaram on UPA's gold import scheme. "On May 16, 2014, an order was passed by the then Finance Minister to provide benefits to seven private companies. Gitanjali was one of the seven companies," he said.

1. UPA's intentions were not right
It needs to be said that on several occasions UPA did not allow correct data to be entered into bank records. Advances (to banks), in UPA regime  were not recorded in the books.

2. Banking system went haywire during Manmohan regime
Under the so called economist Prime Minister Manomhan Singh, the entire banking system went haywire due to all kinds of interference with it. Congress has been indulging in the politics of fear and confusion in the last 4 years.

3. On mess in banking sector in Congress regime
Now the stressed asset has risen to 82% out of that advances made in the UPA govt. This means for more than one occasions the correct data could not make it to the records of the banks under UPA govt.

4. Not a single loan given under government is NPA 
Time an again we have stated that not a single loan given under our govt is NPA. In 2008, the total advance to people given by the banks was Rs 18.06 Lakh Crores. By March '14 amount went up to Rs 52.15 Lakh Crore. The stressed asset identified out of this was only 36%: RS Prasad

5. Congress, which has hands stained in Bofors now talks of Rafale
Rafale deal is in discussion these days. It is very surprising that Congress party which is drowned in corruption in Bofors among other purchases of weapons system, is raising questions on Rafale deal. It couldn't execute Rafale deal for 10 years.

6. Why Congress hates technology
We have saved crores of rupees with Aadhaar. Today the worst critic of Aadhaar is the Congress. Some of their biggest leaders speak against Aadhaar. Congress party has issues with technology since technology brings transparency

7.On BJP's encompassing aura
 Hum ummid karte the ki North-East mein Cong ki pakad hai. Par Cong Tripura aur Nagaland mein 0. Nagaland mein BJP ne 20 candidates utare, aur 12 jeete. Hume 15% vote mile, aise pradesh mein jahan 88% Christians hain

8.Tripura victory will have long lasting effect
Tripura ki jeet desh ke liye ek bahut doorgaami jeet hai.

 

9.Questions Rahul Gandhi and Chidambaram
Chidambaram and Rahul Gandhi must answer why was this passed on the day of results to benefit these seven private companies? Chidmabaram swayam nahi kar rahe theyy seedha aashirwaad tha: Union Minister Ravi Shankar Prasad

10.  On Nirav Modi bank Fraud

There was a Scheme 80:20 introduced in August 2013 which we  repealed in November 2014. On 16th May 2014, the date of the declaration of results, the then Finance Minister gave 'aashirvaad' to 7 private companies under 80:20 Scheme. One of those companies was Gitanjali. The Congress must answer, who were those people who were lobbying on behalf of Gitanjali and related companies. And how much cut they were taking?

News24Bureau