Lending to minority communities soar


New Delhi, Feb 17 (IANS): The volume of lending to the minority communities "soared" from Rs.4,000 crore to Rs.66,500 crore in the 10 years of the UPA rule, union Finance Minister P. Chidambaram told the Lok Sabha while presenting the interim budget for 2014-15 Monday.

The finance minister said when the United Progressive Alliance government took office over 10 years ago, the minorities had 1,415,000 bank accounts in 121 districts of India where there is a concentration of minorities.

"At the end of March 2013, they had 4,352,000 accounts and the volume of lending had soared from Rs.4,000 crore to Rs.66,500 crore. Loans to minority communities in the whole country stood at Rs.211,451 crore at the end of December 2013," he said.

  

Top Stories


Leave a Comment

Title: Lending to minority communities soar



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.