Finance Minister, Chidambaram, has spoken wisely. He has rightly said that the poor are ethical and honest borrowers. In fact, they have moral values and conscience too. Precisely due to these qualities, poor farmers prefer death-to-dishonour. In total contrast, we have Vijay Mallya who has all the contrary qualities. Banks hound borrowers when they fail to pay back loans. In case of Mallya, it is shocking that they are willing to write-off a 6,000 crores debt. Banks funds are of the public and banks, therefore, have no right to write-off such a massive amount. Would our govt have the courage to book and jail Mallya as has been done to Rajat Gupta?
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