Christians, Muslims to gain as govt links loans with population share

Discussion in 'Politics & Society' started by sasi, Mar 12, 2015.

  1. sasi

    sasi Senior Member Senior Member

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    NEW DELHI: The BJP government is asking public sector banks to lend to each minority community in line with its share of the total minority population within the 6% quota fixed for all minorities. The move will result in higher credit flow to Muslims and Christians. Under current rules, banks have to mandatorily earmark 15% of their priority sector loans to minority communities. Priority sector lending in turn is mandated as 40% of all bank loans and includes those to agriculture and micro, small and medium enterprises.
    Census 2001 figures for the population of various minority communities shows that they put together constituted about 19.5% of India's population. Muslims were around 69% of the minority population, Christians 12%, Sikhs just under 10% and the rest about 9%. While these shares may have changed somewhat in the 2011 census, yet to be released, they are unlikely to have changed drastically. Therefore, the new norms would mean that about 4% of all bank loans would go to Muslims, around 0.7% to Christians and 0.6% to Sikhs.
    Against the stipulation, banks were providing 16% of the priority sector loans to minorities at the end of December 2014. Although the rule has resulted in higher flows to this segment following the UPA government's decision in June 2007, studies suggest that Muslims and Christians have not benefitted adequately, while some other minority groups like Jains, Parsis and Sikhs account for larger chunks of bank loans.
    As a result, the minority affairs department has already flagged the issue to bankers and the finance ministry has stepped in now. "It has been desired by secretary, ministry of minority affairs in nodal officers' meeting to increase the percentage share of lending to each minority community in proportion to their respective share in minority population," said the agenda note for a meeting of bank chiefs on Wednesday. In addition, it asked state-run banks to open branches in minority-concentrated areas to ensure proportionate credit flow.

    http://t.co/rRYwBhQ7q0

    Bjp- "A party with a ASS".
     
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  3. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: Christians, Muslims to gain as govt links loans with population sh

    It is also important the the public is educated about the schemes so that they realise what benefits are coming their way and how to get the same, apart from just issuing directions.
     
  4. sasi

    sasi Senior Member Senior Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    More they populate,more they get loans -- scheme! :lol:
     
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  5. Vishwarupa

    Vishwarupa Senior Member Senior Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    Hope you guys listened to the AAP leaked tapes properly.

    AK openly confessing that Muslmans will not support BJP no matter what happens. AAP know about this by not BJP top brass?

    BJP has many lessons to learn from this, they should first stop this minority appeasement & no matter what they do to them BJP will not get their votes.
     
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  6. jus

    jus Senior Member Senior Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    Minorities are 20% in India so providing 6% quota is not a big issue.:thumb:
     
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  7. Prometheus

    Prometheus Regular Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    Its NOT about minority appeasement, its about giving people their rights. No country can progress if a section of their populous is unsatisfied or marginalized. Giving people their rights leads to wholesome development and prevents uprisings or revolts in the future. Even if the BJP top brass does know that, I am for one glad that they are doing the right thing!. They are our countrymen and have an equal right in India's development.

    Also even if you consider or think, minorities are a danger to the Hindu majority India, a jobless/ dissatisfied minority will be a far greater threat to India's security
     
  8. anoop_mig25

    anoop_mig25 Senior Member Senior Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    Well you are confusing 2 things

    First app akj says Muslims mla of congress would never support BJP because he is dam sure about this .... they (congress muslims MLA )where elected from those regions which has high Muslims population and if they supported BJP then there is greater chances that in future they wont get votes form those communities....T lest one of those congress-muslim MLA is hard core one who would never support BJP (may be his form okala).

    I am sure BJP delhi state unit would had tried in wooing rest cong MLA`s but there number was around 4 or they where too hard core one not ready to support BJP anyway that why there was so much delay in elections

    On topic its minorities loose that are reducing their chances of voting to BJP since all parties would presume that miniorities wont vote BJP so why care of miniorities issue since they are auotmatically going for pseudo=parties ...As congress has been thinking in past...

    For BJP to gain support act on goverance and i wish if they could separate religion form politics i.e to have true secularism..strictly separation of cruch form governance
     
    Last edited: Mar 12, 2015
  9. Prometheus

    Prometheus Regular Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    Well as I said its NOT about votes, its about RIGHTS, and encouraging minorities into participating in India's growth and preventing discrimination, by providing an inclusive growth.
     
  10. anoop_mig25

    anoop_mig25 Senior Member Senior Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    i donot think any banks or any private institutes practice any king of minority discrimination on the contrary a large lower-middle class muslims are made not take part in current type of finical lending because this institutes are presented as begin anti-islam but various mulas
     
  11. jackprince

    jackprince Turning into a frog Senior Member

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    Re: Christians, Muslims to gain as govt links loans with population sh

    I have earlier sqid it and am saying it again. The so called minority communities are hoodwinking modi from the very begining. there have been visits and garlands for modi by a few and one or two positive articles by a few of the minorities which effectively enthralls modi to such extent yhat he forgets 370 or BDeshis and regularise aadhar to give citizenship to illegals. even a child knows minorities are never going to support bjp let alone modi, as a rule, exept a few exceptions. These little gestures are just to contain modi and make him lose rss support ensuring next govt 2ont be modis and this kind of little gifts from modi are just extra.
     
  12. sasi

    sasi Senior Member Senior Member

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    let alone vote bjp,but they're making bjp lose 2019 election. Great game by minorities-NGO's-Media.

    Ps- modisarkar should put right policy to tackle them. First break media-ngo's nexus.
     

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