Yet another conspiracy theory

[skthewimp]

There has been no shortage of conspiracy theories regarding the finance minister's announcement of the Rs. 60000 crore farm loan waiver. Let me add one more theory to it.

According to a survey done by the Business Standard, which got published today, the total outstanding bad farm debt in the books of commercial banks totals Rs. 11000 Crore. The

Comments

[manubhardwaj]

Pshaw! May you live long with the conspiracy theory that the President (who, apart from being obviously spineless, is also constitutionally required to be so) forced Chidambaram to announce that.

Rs. 60,000 crore is pocket change for a government anyway, isn't it?

[manubhardwaj]

It is our money! boohoohoo! :'(

[chandrachud04]

1.1% of the GDP, acshully (apparently).

[skthewimp]

Rs. 60,000 crore is pocket change for a government anyway, isn't it?

you can say that because you don't pay taxes to India

[anonymous]

yade yada