News > Not waived off loans to big companies, Sitharaman tells Parliament

Not waived off loans to big companies, Sitharaman tells Parliament

Ianslive | 12/12/2022 09:32 PM | Click to read full article

Replying to a question by CPI member K. Subbarayan, who asked whether the government will waive off education loans of poor students just as the "government has written off several lakhs of crores for the big companies", Sitharaman said that "we have not waived off the loans availed by big companies. The member can 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".

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