Close Menu
  • HOME
  • TAMIL NADU
  • CHENNAI
  • NATION
  • WORLD
  • BUSINESS
  • SPORTS
  • ENTERTAINMENT
  • EDIT
  • COLUMNS
    • POINTBLANK
    • WHY TN IS FORBIDDEN LAND
  • MIXED BAG
    • CLIMATE & WEATHER
    • EDUCATION
    • HEALTH
    • JOBS
    • LEGAL
    • LIFESTYLE
    • SCIENCE
    • TECHNOLOGY
  • E-PAPER
Facebook X (Twitter) Instagram Threads YouTube
  • About us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Friday, October 16, 2026
Facebook X (Twitter) Instagram
News Today | First with the newsNews Today | First with the news
Login / Register Subscribe
  • HOME
  • TAMIL NADU
  • CHENNAI
  • NATION
  • WORLD
  • BUSINESS
  • SPORTS
  • ENTERTAINMENT
  • EDIT
  • COLUMNS
    • POINTBLANK
    • WHY TN IS FORBIDDEN LAND
  • MIXED BAG
    • CLIMATE & WEATHER
    • EDUCATION
    • HEALTH
    • JOBS
    • LEGAL
    • LIFESTYLE
    • SCIENCE
    • TECHNOLOGY
News Today | First with the newsNews Today | First with the news
  • E-PAPER
  • POINTBLANK
  • PRIME PULSE
  • TN ECHOES
  • Asian Games 2026
  • DEEP DIVE
  • GLOCAL
  • COLD FACTS
  • LEADING LIGHTS
  • CRYSTAL GAZING
  • PATTERNS
Home » Not waived off loans to big companies, FM tells Parliament 
NATION

Not waived off loans to big companies, FM tells Parliament 

AgencyBy AgencyDecember 13, 2022No Comments
🌐 Translate ▾
  • Tamil
  • Hindi
  • Malayalam
  • Kannada
  • Telugu
Share WhatsApp Facebook Twitter LinkedIn Pinterest Telegram Copy Link Email
Finance Minister Nirmala Sitharaman on Monday clarified in the Parliament that the government has not waived off loans availed by big companies.Replying to a question in the Lok Sabha by CPI member K. Subbarayan, who sought to know whether the government will waive off education loans of poor students who are pursuing higher education, just as the “government has written off several lakhs of crores rupees for the big companies”, Sitharaman said that “we have not waived off the loans availed by big companies”.
“Write-off is something different from waiving-off. We should understand this. We have not written off to anyone. This is one point. Secondly, if there are NPAs and such NPAs are written off, on the basis of their securities submitted with the banks, we are collecting back those amounts from those companies,” she said.The Finance Minister said that “this money is coming to the banks. You can very well suggest for waiving off the educational loans. But I want to humbly state that… you cannot compare the money of the defaulters and the educational loans given to students. The member can very well suggest that the educational loans should be waived off. But he cannot state… that we have collected back educational loans and given that amount to big companies”.We have not written off to anyone. It is wrong to say that by way of writing off we are taking that amount as our loss,” she added.
FM tells Parliament Not waived off loans to big companies
Share. WhatsApp Facebook Twitter Telegram Copy Link Email
Previous ArticleRetail inflation falls to 10-month low of 5.88%
Next Article Buttler wins ICC Men’s Player of the Month award 

Related Posts

NATION

Govt hikes windfall tax on petrol, cuts levy on diesel exports

October 16, 2026
NATION

October 16, 2026
NATION

Modi urges Asian Games medallists to aim for Olympic glory

October 16, 2026
NATION

Defence Ministry Signs ₹4,106-Crore Deals for IAF, Navy

October 16, 2026
NATION

Delhi Tightens Security Ahead of Youth Protest March

October 16, 2026
NATION

SC Seeks Election Commission’s Response to Opposition Plea

October 16, 2026
Add A Comment

Comments are closed.

Latest Posts

POCSO Court rejects advance bail to key suspect and son of a powerful SRMU leader in Veeramani POCSO case

NT BureauOctober 16, 20260

The Special POCSO Court Chennai on Friday rejected anticipatory bail for businessman Prakash, cited as an accused on charges of handling multi-crore financial settlements to shield granite baron R.Veeramani and cover up the POCSO cases against him.

Madras HC allows RSS route marches on Oct 25 and Nov 1, directs police to grant permission

NT BureauOctober 16, 20260

The Madras High Court on Friday allowed the Rashtriya Swayamsevak Sangh (RSS) to take out route marches in 128 locations across the state on October 25 and November one and directed the Tamil Nadu police to grant permission, while instructing them not to delay the process.

Sri Sankara TV to host Bhakthi Utsavam in Chennai

NT BureauOctober 16, 20260

Sri Sankara TV will organise the fifth edition of Bhakthi Utsavam 2026, a five-day spiritual and cultural festival, at Vani Mahal, T. Nagar, from October 20 to 24.

Govt hikes windfall tax on petrol, cuts levy on diesel exports

NT BureauOctober 16, 20260

The government on Friday cut the windfall tax on diesel exports and raised the levy on petrol exports for the fortnight beginning October 16.

Thiruma demands resignation of CEC Gyanesh Kumar

NT BureauOctober 16, 20260

VCK president Thol Thirumavalavan on Friday demanded the resignation of Chief Election Commissioner Gyanesh Kumar and called for the repeal of the law governing the appointment of election commissioners and the scrapping of Electronic Voting Machines (EVMs).

About
About
Facebook X (Twitter) Instagram RSS
Latest Posts
  • POCSO Court rejects advance bail to key suspect and son of a powerful SRMU leader in Veeramani POCSO case
  • Madras HC allows RSS route marches on Oct 25 and Nov 1, directs police to grant permission
  • Sri Sankara TV to host Bhakthi Utsavam in Chennai
  • Govt hikes windfall tax on petrol, cuts levy on diesel exports
  • Thiruma demands resignation of CEC Gyanesh Kumar
© 2026 NewsTodayNet.com. All Rights Reserved. Designed & Maintained by Gifted Technologies.
  • About us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?