Latest Union Minister of State for Finance News & Updates

Shiv Sena Criticizes Government for Favoring Corporate Defaulters Over Common Citizens

By

Mumbai, July 23 (IANS) The Shiv Sena (UBT) on Thursday launched a scathing attack on the Centre, accusing it of patronising big corporate loan defaulters while enforcing harsh recovery mechanisms on poor and middle-class citizens.In an editorial in its mouthpiece, ‘Saamana’, the party said as per the official data provided by the Union Minister of State for Finance, Pankaj Chaudhary, in a written reply in the Lok Sabha, public sector banks have written off bad loans totaling Rs 7.75 lakh crore a…