Rahul Gandhi defends his wealth redistribution plans, says will give back 90% of funds given to businessmen as loan waivers

Congress MP Rahul Gandhi stated that the Congress manifesto aims to return a portion of the Rs 16 lakh crore loan waivers given to big businessmen to 90% of Indians. He accused Prime Minister Narendra Modi of favoring billionaire friends with loan...

Rahul Gandhi says 'if Indian billionaires can have their loans waived, why not farmers?'
Congress MP Rahul Gandhi on Wednesday said Congress manifesto aims to give back 90 per cent Indians a part of Rs 16 lakh crore given to big businessmen as loan waivers.

ALSO READ: 50% of your wealth should go to public? Sam Pitroda clarifies stance on inheritance tax

Gandhi accused Prime Minister Narendra Modi of waiving off loans worth Rs 16 lakh crore of his billionaire friends, and said the country will never forgive him for this "crime". In a post in Hindi on X, he said this money could have been used to cure the pain of Indians but was spent on creating hype for the ilk of those like 'Adanis'.


Gandhi said, "Injustice is being done to 90 percent Indians and the moment I called for checking this injustice, PM, BJP started attacking me."

This comes after a Sam Pitroda, the Chairman of Indian Overseas Congress earlier advocated for the implementation of an inheritance tax law in India.

Although, Congress leader Jairam Ramesh said, that it did not reflect the party's position.
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"Surely, in a democracy an individual is at liberty to discuss, express, and debate his personal views. This does not mean that Mr. Pitroda's views always reflect the position of the Indian National Congress. Many times they do not," said Ramesh in a post on social media platform X.
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