BJP Kisan Morcha chief takes a swipe at RBI guv on loan waiver

Virendra Singh slams RBI Governor for being 'insensitive' to farmers' distress

The Bharatiya Janata Party (BJP)’s Kisan Morcha chief on Friday demanded that the Maharashtra government write off loans to provide “immediate” relief to farmers.

The Uttar Pradesh government had announced a farm loan waiver on Tuesday. Reserve Bank of India (RBI) Governor Urjit Patel on Thursday criticised farm loan waivers. 

On the comments by the RBI governor, Kisan Morcha chief Virendra Singh said the banking sector was driven by the bottom line and neglected the human aspect. “The RBI governor’s statement reflects that, but the government needs to be sensitive to the needs of the people,” Singh, a third-term parliamentarian