It is surprised when any state government went for loans write-off to farmers, bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india not allowed them to do so. Of Course! Waving of farmers loans is election promise given by political parties which was not encouraged. But the same bank OF INDIA' target='_blank' title='rbi-Latest Updates, Photos, Videos are a click away, CLICK NOW'>rbi over Rs 68,600 crore of loans of willful defaulters like Mallya, Nirav modi and Choski have been written-off. How the indian government write-off the defaulters loans?

Does the Farmers and Defaulters are same? Vijaya Mallya left india on 2 march 2016 and fled to UK. A group of 17 indian banks are trying to collect approximately ₹9,000 crore loans which Mallya misuse the purpose and divert them for other interests. The news came out after india NATIONAL CONGRESS' target='_blank' title='congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>congress filed for the details of top 50 willful defaulters through RTI Act. According to the RTI reply, absconding Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore.

Mallya's Kingfisher airlines figures in the list at number 9, with outstanding of 1943 crore which have been technically written off by the banks while Deccan Chronicle Holdings Limited have 1915 crore written off loans. When coronavirus hits indian economy bank OF INDIA' target='_blank' title='rbi-Latest Updates, Photos, Videos are a click away, CLICK NOW'>rbi write-offs help to our economy. States are crying for minimum release of funds to fight on covid-19. 68K crores amount is very much useful to fight against coronavirus. Now, indian government is serious to return him from the UK to face charges of financial crimes in india and spend crores of money as expenditure to take Mallya and Nirav modi to India. What is use of taking back Nirav modi and vijay Mallya from UK?