Subhash Chandra reportedly had a ₹22,000 crore debt settled for just ₹6 crore.
Can an ordinary person get this deal?
If you have a ₹50 lakh home loan, will the bank close it for ₹50,000?
If you have a ₹10 lakh car loan, will it settle for ₹10,000?
That door never opens for common people.
Common people pay every EMI with interest. Home loan, car loan, education loan, everything.
But when powerful businessmen get VIP settlements, the loss does not vanish. It comes back to taxpayers.
: Abhijit Dipke