• 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
Indian Warships Escort Two Tankers Through Bab-el-Mandeb Strait

Indian Warships Escort Two Tankers Through Bab-el-Mandeb Strait

25 minutes ago
Former Odisha DFO, Another Get 3-Year Jail Term For Bribery

Former Odisha DFO, Another Get 3-Year Jail Term For Bribery

37 minutes ago
Salman Khan, Sanjay Dutt’s ‘7 Dogs’ To Release In India On This Date

Salman Khan, Sanjay Dutt’s ‘7 Dogs’ To Release In India On This Date

40 minutes ago
Abhishek banerjee wins in SC

SC Cancels High Court Order, Allows Abhishek Banerjee’s Foreign Trip For Treatment

43 minutes ago
Assam-Arunachal Boundary Dispute Re-Erupts; Eight Injured In Firing

Assam-Arunachal Boundary Dispute Re-Erupts; Eight Injured In Firing

1 hour ago
Who Will Be First CEO Of Ayodhya Ram Temple? 18 Names Shortlisted

Who Will Be First CEO Of Ayodhya Ram Temple? 18 Names Shortlisted

2 hours ago
Vedanta Shares Rally After Subsidiary BALCO Wins Mega Bauxite Block In Odisha

Vedanta Shares Rally After Subsidiary BALCO Wins Mega Bauxite Block In Odisha

2 hours ago
Odisha Now Witnesses Reverse Migration Amid Job Avenue Growth: CM Majhi At Nijukti Mela

Odisha Now Witnesses Reverse Migration Amid Job Avenue Growth: CM Majhi At Nijukti Mela

2 hours ago
From ‘Workmen’s Jeans’ To Political Capital: The Scramble To Own Gen Z

From ‘Workmen’s Jeans’ To Political Capital: The Scramble To Own Gen Z

2 hours ago
Amid Ongoing Tensions, Indian Envoy To Dhaka Meets Bangladesh Prime Minister

Amid Ongoing Tensions, Indian Envoy To Dhaka Meets Bangladesh Prime Minister

2 hours ago
Rain

Fresh LoPAR Over Bay By August 12 May Trigger Another Very Heavy Rain Spell In Odisha

3 hours ago
Kanwariya Swept Away, Another Rescued While Collecting Water From Stream In Odisha

Kanwariya Swept Away, Another Rescued While Collecting Water From Stream In Odisha

3 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Monday, August 10, 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

From ‘Workmen’s Jeans’ To Political Capital: The Scramble To Own Gen Z

From ‘Workmen’s Jeans’ To Political Capital: The Scramble To Own Gen Z

by Jay Jaydev
August 10, 2026

Gen Z’s arrival on the public stage is sudden only to those who chose not to see them coming. After...

Beyond The Shrine: How A Road Trip To Puri Jagannath Temple Rewrote My Faith

Beyond The Shrine: How A Road Trip To Puri Jagannath Temple Rewrote My Faith

by Ratnamala Swain
August 9, 2026

Some journeys take us to a destination. Others quietly change the way we see life. One such journey happened nearly...

Hiroshima Day

Hiroshima’s Experience Offers Valuable Lessons For Cities Like Bhubaneswar

by Piyush Rout
August 6, 2026

Hiroshima, a name synonymous with unimaginable destruction and human suffering, has become a symbol of hope and rebirth. So do...

Citizen’s Ledger: Why The Loss Of Small Choices Threatens Democracy

Citizen’s Ledger: Why The Loss Of Small Choices Threatens Democracy

by Brijesh Dash
August 5, 2026

A few days ago, while ordering coffee at a well-known café, I reached into my wallet and placed a currency...

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

TPCODL RathaYatra TPCODL RathaYatra TPCODL RathaYatra
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