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Will not spare any bank defaulter: Modi

Attacks Congress for 'opening banks for the rich during its rule'

Press Trust of India  |  Rangapara (Assam) 

Narendra Modi
Narendra Modi

At a public rally in Assam, Prime Minister Narendra Modi said no bank defaulter would be spared. “You know how the rich have usurped public money. My government has tightened the screws on the bank defaulters. They are sweating due to fear of going to jail and are fleeing. But no one will be spared,” he said at a rally in Assam on Sunday afternoon.

The PM said: “The money looted from the banks does not belong to the banks but to the poor people of the country and I will ensure that those who looted this money return each and every paise... they have looted the country.”

Modi said before he became the PM, the country was being run by middlemen. “Since Modi assumed office, the middlemen have been forced to close shop. It is they who shout, accuse and abuse Modi but I don’t care. There will be no 'acche din' (good days) for the middlemen and so their problem with me is natural.”

He said the rich “have enjoyed for 60 years by robbing the poor. Now, it won't happen anymore. So, it is natural that you will have a problem with Modi. I am committed to ensuring the development and well-being of the nation.”

First Published: Mon, March 28 2016. 00:20 IST