do you think loan waving is good for the country

India
August 8, 2009 4:51am CST
hi friends do you think that loan waving is good for the country hmm or it is bad hmm most of the time it is happening thats why iam asking this question to you share your views
2 responses
@vklancer (135)
• India
8 Aug 09
no it may be good if it was done with proper measures,but in india it is never the case.people who are supposed to be benefited by the scheme are never benefited.and also it is misused a lot.what happens is the poor people cannot take advantage of the schemes bcoz they are not in a position to give money to corrupted officers who ask for a bribe to waive the loan,and people who are in the poor people list but are not at all poor enjoy those benefits.so the poor become poorer and the rich richer which is what is happening in our country since many years.
@jimmy87 (475)
• India
8 Aug 09
hey..what's loan waving..