• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Rs 68,600 Crore Vs Rs 710: Who Does The System Favour?

Rs 68,600 Crore Vs Rs 710: Who Does The System Favour?

6 years ago
BMW Involved In Fatal Mumbai Crash Had Hit Couple’s Vehicle In March; Old Video Surfaces

BMW Involved In Fatal Mumbai Crash Had Hit Couple’s Vehicle In March; Old Video Surfaces

33 minutes ago
Three Arrested, SIT Formed As Outrage Grows Over Viral Video Of Minors’ Harassment In Jamui

Three Arrested, SIT Formed As Outrage Grows Over Viral Video Of Minors’ Harassment In Jamui

1 hour ago
Donald trump

TV Networks Suspend White House Pool Coverage In Solidarity With Banned CNN; What Does It Mean For Trump?

10 hours ago
Odisha CS Anu Garg

No Cyclone Threat To Odisha, Says Chief Secretary; Health Minister Reviews Preparedness

11 hours ago
Pakistani RJ Apologises For Body-Shaming Katrina Kaif After Salman Khan Calls Out Trolls

Pakistani RJ Apologises For Body-Shaming Katrina Kaif After Salman Khan Calls Out Trolls

11 hours ago
Gas found 43 km from Konark

Gas Found Near Odisha Coast, 43 KM From Konark; Know More About Exploration

11 hours ago
‘She Watched Hanuman Ansh 15 Times And Cried’: Producer Recalls ‘Miracle’ Meeting With Neem Karoli Baba’s Daughter

‘She Watched Hanuman Ansh 15 Times And Cried’: Producer Recalls ‘Miracle’ Meeting With Neem Karoli Baba’s Daughter

11 hours ago
Private university

A Portal To Verify Private University Degrees, Flag Irregularities Launched In This State

12 hours ago
Allu Arjun, Atlee’s ‘Raaka’ Sets Guinness World Record Ahead Of Release With Motion-Capture Feat

Allu Arjun, Atlee’s ‘Raaka’ Sets Guinness World Record Ahead Of Release With Motion-Capture Feat

12 hours ago
Odisha players in India rugby squad

Asian Games 2026: 4 Odisha Players In Indian Women’s Rugby Squad; Dumuni Marndi Is Vice-Captain

12 hours ago
Billionaire tax

Nobel Prize Winners Abhijeet Banerjee, Esther Duflo Back World’s First Billionaire Tax

13 hours ago
Samay Raina Breaks Silence On Medha Shankr Wedding Buzz With A Witty Reply

Samay Raina Breaks Silence On Medha Shankr Wedding Buzz With A Witty Reply

13 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Tuesday, September 22, 2026
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home Featured

Rs 68,600 Crore Vs Rs 710: Who Does The System Favour?

by Pradeep Baisakh
May 6, 2020
in Featured, Guest Column, OB Special
Reading Time: 2 mins read
Rs 68,600 Crore Vs Rs 710: Who Does The System Favour?
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

We have come across two different types of development in a small time gap but they are worth comparing. On the one hand, an RTI revealed that the Reserve Bank of India (RBI) has written off over Rs 68,600 crore loan taken by 50 wilful defaulters like Mehul Choski, Vijay Mallya and others. This was reported on April 28.

On the other hand, the migrant workers who are returning to their home states through the Shramik special trains are being charged the train fare. For example, the Odia migrant workers boarding the train from Surat to Puri on May 2 had to pay Rs 710 each, reported Indian Express. Similarly, workers travelling from Agra to Ahmedabad paid Rs 250. And so on.

ADVERTISEMENT

How does it sound? The defaulters who should be behind the bars are being rewarded while migrant workers who have lost their jobs and were almost in hunger for more than a month, who hardly have any money are being punished!

In fact, the clarifications started coming in on each case. There were charges and counter-charges made by Rahul Gandhi and Nirmala Sitharaman on loan waiver.  On the Congress leader’s charge that the finance minister did not answer his question to disclose the names of the bank scammers, which have come out now, the finance minister accused the latter of misleading people. She said loans were also written-off between 2009-10 and 2013-14. This was when the UPA government was in power. She asserted, “Provisions are made for NPAs as per the four-year provisioning cycle laid down by the RBI. Upon full provisioning being done banks write off the fully provided NPA but continue to pursue recovery against the borrower. No loan is waived off.” She gave figures related to seizure of assets of Mehul Choksi and others by the government.

Similarly, in case of charging the train fare from the hapless workers, a clarification came from the government that the Ministry of Railways devised an 85:15 ratio with the Centre bearing the major share and the states giving the minor share. Amid this, one continues to wonder why the Railways should have not ferried the workers for free! Why because of administrative confusion should the burden fall upon the hungry migrant labourers, whose present and future are uncertain with no jobs in their hand, and who are desperate to return home?

In both cases, systemic clarifications were given which are technical in nature. And for obvious reasons, they are beyond the understanding of a common person. But what comes out clearly is that while on the one hand, the system favoured the Mehul Choksi type – the rich and connected, on the other hand it became heavy on the poor. And that the conclusion! Irrespective of the claims and counterclaims made by different political parties, the fact is they create a system, which is clearly tilted towards the rich and mighty!

 

 

 

 

Tags: Mehul ChoksimigrantRBI
Share196Tweet123
ADVERTISEMENT
Previous Post

Odisha Politician Subash Chauhan Critical, Admitted To Hosp In Bhubaneswar

Next Post

Surat Migrants Clash At Quarantine Facility In Odisha’s Ganjam Over Food

Pradeep Baisakh

Pradeep Baisakh

Senior Journalist. Twitter: @pradeepbaisakh

Related Posts

Jio Connectivity Offers Offshore Lifeline To Odisha Fishermen

Jio Connectivity Offers Offshore Lifeline To Odisha Fishermen

by OB Bureau
September 21, 2026

Paradip: For generations, fishing trips off Odisha’s 480‑km coastline meant days of isolation, uncertain catches, and anxious families waiting ashore....

Odisha Shakti Shrine Row: High Court Seeks Govt Reply On Rs 1 Crore Dues

Odisha Shakti Shrine Row: High Court Seeks Govt Reply On Rs 1 Crore Dues

by OB Bureau
September 21, 2026

Cuttack: The Orissa High Court has sought a response from the state government and the endowment commissioner on a plea...

BJD Youth & Student Wings Threaten To Gherao Odisha Assembly

BJD Youth & Student Wings Threaten To Gherao Odisha Assembly

by OB Bureau
September 21, 2026

Bhubaneswar: The opposition BJD’s youth and students’ wings have threatened to gherao the Odisha Assembly on Tuesday, demanding the resignation...

Bodies Of Seven Family Members Killed In Road Accident Brought Back to Odisha

Bodies Of Seven Family Members Killed In Road Accident Brought Back to Odisha

by OB Bureau
September 21, 2026

Bhubaneswar: The mortal remains of seven members of the Behera family, who died in a road accident in Madhya Pradesh...

Next Post
Surat Migrants Clash At Quarantine Facility In Odisha’s Ganjam Over Food

Surat Migrants Clash At Quarantine Facility In Odisha's Ganjam Over Food

OMC-Ad OMC-Ad OMC-Ad
SAI International School SAI International School SAI International School
OdishaBytes

Copyright © 2026 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2026 Frontier Media