Rahul Gandhi’s Master Stroke

The Master Stroke

(The Stellar News) With one clean masterstroke under the garb of loan waiver, the Congress in Karnataka has rendered BJP in the state helpless. The partial loan waiver announced by Karnataka Chief Minister Siddaramaiah on Wednesday was a result of Congress Vice President Rahul Gandhi’s strategy to corner the BJP ahead of the 2018 assembly elections.

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IAS Coaching Hoshiarpur

Madhya Marg

With pressure building up on him to waive off loans to ‘help the farming community’ Siddaramaiah chalked out a middle path. Instead of waiving off loans completely, the Chief Minister chose to announce a partial loan waiver. Now small farm loans up to Rs 50,000 availed till June 20 have been waived off. Loans only from cooperative societies have been waived off. With the loan waiver announcement his plans to capitalize on drought, farmer loans have been flushed. The Congress has skillfully rendered his efforts useless. Secondly, by partially waiving off loans in cooperative societies, the Congress has now put the onus on the BJP government in the Centre to waive off loans from nationalized and commercial banks.

Ball in BJP’s Court

The BJP’s claim of the loan waiver being announced keeping elections in mind is true but so is the fact that the BJP was hoping to make loan waiver their election agenda. The partial loan waiver at the cost of Rs 8,165 crores is expected to benefit 22 lakh farmers. However, the Siddaramaiah government under the guidance of Rahul Gandhi has put the onus of waiving loans of Rs 41,800 crore on the Narendra Modi-led BJP government at the Centre.

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News Courtesy: Oneindia

 

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