Kumata
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- Feb 27, 2019
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There is a Joke on Loans...The middle class is the only reliable tax payer in the country industrialists get to write off loans and the poor get their loans waived off. This government has launched massive schemes like houses for all piped water for all if you guys are celebrating the successes of these schemes most of this money has come from taxes only
If u take a 1 crore loan... thats your problem but if you take a 100 crore loan than that's bankers problem.
Same is with GOI as well. These welfare schemes / PWD works / MCD tenders are what ... A way for relatives of Babus & MP / MLA' to get out of middle class trap and be rich forever.
Situation have improved a bit but not much. Earlier it was 10 paise reaching poor now it is perhaps 15 or 20 paise at max....that's only diff..
Houses for poor et all.. I have my own reservation on such schemes going via what i have seen on ground but that rant will be on some other day....Ciyao
HInt- There is a entire colony outside chandigarh settled on prime land near village called Dhanas under housing scheme. Visit there once to see what it turned out to be....