{"id":30108,"date":"2018-10-26T14:14:28","date_gmt":"2018-10-26T08:44:28","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=30108"},"modified":"2018-10-26T14:14:28","modified_gmt":"2018-10-26T08:44:28","slug":"wilful-default-of-loans-hits-honest-taxpayers-says-kovind","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/wilful-default-of-loans-hits-honest-taxpayers-says-kovind\/","title":{"rendered":"Wilful default of loans hits honest taxpayers, says Kovind"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/todays-paper\/tp-national\/wilful-default-of-loans-hits-honest-taxpayers-says-kovind\/article23450128.ece\"><strong>Wilful default of loans hits honest taxpayers, says Kovind<\/strong><\/a><\/p>\n<p><strong>Context<\/strong><\/p>\n<p>President calls for more women to join India\u2019s work force<strong>\u00a0<\/strong><\/p>\n<p><strong>What has happened?<\/strong><\/p>\n<p>President Ram Nath Kovind on Thursday said wilful and criminal default on bank loans had hurt innocent citizens and honest taxpayers had to bear the brunt of such frauds.<\/p>\n<p><strong>Background<\/strong><\/p>\n<p>Inaugurating the 34th annual general meeting of FICCI Ladies Organisation (FLO), one of the top industry bodies<\/p>\n<p><strong>Very low NPAs amongst MUDRA entrepreneurs <\/strong><\/p>\n<ul>\n<li>MUDRA entrepreneurs are striving to pay back their loans. These are hard-working Indians, many of them women<\/li>\n<li>They are borrowing small sums as capital to set up little businesses<\/li>\n<li>Only 8% of the 117 million MUDRA loans have turned non-performing assets (NPAs).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Wilful default of loans hits honest taxpayers, says Kovind Context President calls for more women to join India\u2019s work force\u00a0 What has happened? President Ram Nath Kovind on Thursday said wilful and criminal default on bank loans had hurt innocent citizens and honest taxpayers had to bear the brunt of such frauds. Background Inaugurating the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/wilful-default-of-loans-hits-honest-taxpayers-says-kovind\/\">Continue reading <span class=\"screen-reader-text\">Wilful default of loans hits honest taxpayers, says Kovind<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-30108","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704765411},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/30108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=30108"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/30108\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=30108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=30108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=30108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}