Reserve Bank of India, which is known to be the father of all the banks in India, is now favoring Jagan! It is not directly doing it but the actions of RBI are in favor of Jagan. Going into the details, it is known that RBI gave shock to both AP and Telengana in the aspect of loan waiver scheme.
RBI agreed to give loan waiver scheme only for few regions in these 2 states and this is not perfectly in sync with what KCR and Chandra Babu Naidu promised to their people. Interestingly, this is in sync with Jagan’s words that Chandra Babu Naidu cannot do justice to people with loan waiver scheme.
Whatever might be the aspect, farmers are now in tough situation as RBI’s rules are more tightened in this aspect. Hope, Chandra Babu Naidu and KCR comes up with a deal to help the farmers in the 2 states. YSRC may use this aspect to fire on TDP. Stay tuned for more updates.
RBI agreed to give loan waiver scheme only for few regions in these 2 states and this is not perfectly in sync with what KCR and Chandra Babu Naidu promised to their people. Interestingly, this is in sync with Jagan’s words that Chandra Babu Naidu cannot do justice to people with loan waiver scheme.
Whatever might be the aspect, farmers are now in tough situation as RBI’s rules are more tightened in this aspect. Hope, Chandra Babu Naidu and KCR comes up with a deal to help the farmers in the 2 states. YSRC may use this aspect to fire on TDP. Stay tuned for more updates.