Congress president Rahul Gandhi on Friday claimed that after writing off loans worth Rs 3.5 lakh crore of select industrialists, Prime Minister Narendra Modi would now waive their remaining debts worth Rs 12 lakh crore.
Addressing a rally in Deori in Sagar, Madhya Pradesh, he also termed demonetisation as the “biggest ever scam” of the country.
“I met Modi ji and asked him about waiving farmers’ loans. But he did not speak a word... He wrote off loans worth Rs 3.5 lakh crore of select industrialists and will slowly waive their remaining loan to the tune of Rs 12 lakh crore,” Rahul said. “Modi let (Vijay) Mallya, Nirav (Modi), (Mehul) Choksi flee the country with public money, leaving the countrymen behind in bank queues (during demonetisation),” he said.
“But have you seen any big persons like Ambani in queues after demonetisation,” he asked.
On November 8, which marked the second anniversary of demonetisation,Finance Minister Arun Jaitley had defended note ban drive, saying “prophets of doom” have been proven wrong as hard data of two years shows an increase in tax base, greater formalisation of the economy and India retaining the fastest growing economy tag for the fifth year in a row.