Bad loans of Rs 10 lakh crore has been written off as ‘muft ki revdi’

Bharatiya Janata Party MP Varun Gandhi on Saturday took a dig at Prime Minister Narendra Modi’s comment on “muft ki revdi” – or freebies – claiming that the loans of nearly Rs 10 lakh crore of corrupt businessmen have been waived in the last five years.

Revdi, a type of sweet, has been at the centre of political and legal debate since last month Modi said that political parties announcing freebies to voters was a dangerous trend for the development and well-being of the country.

“Those promoting revdi culture feel that by distributing free revdis to people, they can buy them,” he had said at a rally in Uttar Pradesh, according to The Indian Express. “Together we need to defeat this thinking. Revdi culture needs to be removed from the country’s politics.”

On Saturday, Gandhi tweeted a list of bad loans that have been written off since the financial year 2017-’18. The list was collated on the basis of a reply given in the Rajya Sabha by Minister of State for Finance Bhagwat Karad on August 2.

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