New Delhi, December 11: Union Finance Minister Nirmala Sitharaman on Wednesday issued a strong rebuttal of allegations made by Leader of Opposition (LoP) Rahul Gandhi on the performance of India슬롯사이트™s banking sector, especially Public Sector Banks (PSBs), stressing that during the United Progressive Alliance (UPA) tenure, PSBs were treated as 슬롯사이트˜ATMs슬롯사이트� for their 'cronies and shady businessmen'.

In a series of lengthy tweets, FM Sitharaman said that Rahul Gandhi슬롯사이트™s penchant for making baseless statements is on full display, yet again. 슬롯사이트œIndia슬롯사이트™s banking sector, especially Public Sector Banks (PSBs), have seen a remarkable turnaround under Prime Minister Narendra Modi. Didn슬롯사이트™t the people who met with the LoP tell him that high concentration of corporate credit and indiscriminate lending during UPA tenure had resulted in significant deterioration in the health of PSBs?슬롯사이트� asked FM Sitharaman.슬롯 머신 사이트 추천FM Attacks Rahul Gandhi, Says Citizens Benefited Cleaner, Stronger Banking System in Modi Govt.

슬롯사이트œIt was actually during the UPA regime when bank employees were harassed and forced to give loans to cronies through 슬롯사이트œphone banking슬롯사이트� by the then Congress-led UPA Govt functionaries,슬롯사이트� the Finance Minister posted on X. Sitharaman also detailed the financial support extended to PSBs, noting that the government had recapitalised them with Rs 3.26 lakh crore over the last decade.

She argued that this investment not only benefits the banks but also the public, as dividends from PSBs serve as a source of income for investors. 슬롯사이트œThe Public also has a shareholding in the PSBs and dividends are the source of income for such investors also. Not just for the GoI. Didn슬롯사이트™t the people who met with the LoP tell him that during the UPA rule these PSBs paid dividends of Rs 56,534 crore?슬롯사이트� said FM Sitharaman.슬롯 머신 사이트 추천Rahul Gandhi Accuses Government of Using Public Sector Banks, Says 슬롯사이트˜Stop Using PSBs As Unlimited Sources of Funds for Fraudulent Friends슬롯사이트�.

In his X post, Rahul Gandhi had alleged that PSBs were designed to give every Indian access to credit. 슬롯사이트œThe Modi government has turned these lifelines of the masses into private financiers for only the rich and powerful corporations,슬롯사이트� he alleged, claiming that PSBs 슬롯사이트œare being forced to prioritise profit over people and are thus unable to serve the public effectively슬롯사이트�.

FM Sitharaman countered Rahul Gandhi슬롯사이트™s allegations, saying citizen-centric governance and inclusive development is the core principle of PM Modi government. 슬롯사이트œDidn슬롯사이트™t the people who met with the LoP tell him that 54 crore Jan Dhan accounts and more than 52 crore collateral-free loans under various flagship financial inclusion schemes (PM MUDRA, Stand-Up India, PM-SVANidhi, PM Vishwakarma) have been sanctioned?슬롯사이트� she asked.

FM Sitharaman also mentioned the PM MUDRA scheme where 68 per cent of beneficiaries are women and under the PM-SVANidhi scheme, 44 per cent of beneficiaries are women. 슬롯사이트œDidn슬롯사이트™t the people who met with the LoP tell him that loans up to Rs. 10 lakh have increased by 238 per cent in the last 10 years, and their share in total loans has also increased from 19 per cent to 23 per cent?슬롯사이트� said the finance minister.

On the issue of recruitment drives in the banking sector, she said that since 2014, PSBs had recruited nearly 3.94 lakh employees and as of October 2024, 96.61 per cent of officers and 96.67 per cent of subordinate staff were in position. She further said that Rahul Gandhi슬롯사이트™s misrepresentation of facts is an insult to the hardworking PSB employees and to the citizens who benefit from a cleaner, stronger banking system. 슬롯사이트œIt슬롯사이트™s high time the @INCIndia up-skills the LOP슬롯사이트™s understanding of governance,슬롯사이트� said FM Sitharaman.

(The above story first appeared on LatestLY on Dec 11, 2024 11:48 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).