New Delhi, Dec 16 : The Congress MPs in the Lok Sabha on Thursday moved adjournment notice on the issue of the Lakhimpur Kheri violence and NPAs of Banks.
Manickam Tagore in his notice said, “The UP Police SIT has highlighted the massacre of farmers was a preplanned conspiracy and not a negligent act.”
He said the SIT has recommended addition of modification of charges against all accused.
On Wednesday, the Congress raised the issue in the House but was not allowed discussion.
Congress MP Manish Tewari also moved a notice on Bank non-performing assets (NPAs), “Least 8 banking unions have called for a strike on 16th and 17th of December, 2021 against the government’s attempts of privatisation in the banking sector.The latest attempt is being made via the Banking Laws (Amendment) Bill, 2021.The Public Sector Banks serve as the backbone of the Indian economy, serving their welfare purpose, ensuring financial inclusivity for all & ensuring credit facilities to credit starved sectors like village and cottage industries, agriculture, etc.”There have been a lot of big corporate defaulters which have created NPAs in our public sector banks which the government, instead of tightening the laws against defaulters, allows them huge hair-cuts on repayment of loans through IBC leading to lakhs of crores of losses to the PSBs.”This matter of government’s relentless attempts to weaken the PSBs is a matter of concern and needs urgent discussion in the House.”miz/dpb
Cong moves adjournment notice in LS on Lakhimpur Kheri violence, Bank NPAs
The Congress brought up the topic Wednesday in the House, but it was not permitted to be discussed. Congress MP Manish Twari moved also a notice about Bank Non-Performing Assets (NPAs).”Least 8 banks unions have demanded a strike in protest of the government’s privatization attempts in the banking sector on the 16th and 17th December 2021.” This latest attempt comes via the Banking Laws Amendments Bill (2021).Public Sector Banks are the foundation of India’s economy.
They serve their welfare function by ensuring financial inclusion for all and granting credit facilities to credit-starved segments like agriculture, cottage, and village industries.
“There were a lot big corporate defaulters that have caused NPAs in the public sector banks.
The government instead of tightening laws against defaulters allows them massive hair-cuts for repayments through IBC which has led to thousands of crores of dollars of losses to the PSBs.
“This is an urgent matter and the House should discuss the government’s incessant attempts to undermine the PSBs.
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