Birdwatch Note Rating
2024-04-24 09:09:15 UTC - NOT_HELPFUL
Rated by Participant: AE1B5B471BF6FF16265AEEC43299D903D5B1BEC6C7354A0FDC91E9F6DF925087
Participant Details
Original Note:
Rahul Gandhi confuses a loan 'write-off' with a 'waive-off.' Write-off is a balance sheet adjustment showing real status of assets and liabilities, not a forgiveness of the loan. Banks write off weak loans, but this doesn't mean they are waived. Full recovery is done. https://www.opindia.com/2020/12/rahul-gandhi-once-again-confuses-loan-write-off-as-loan-waiver/amp/ https://onlyfact.in/fact-check-did-pm-modi-waive-loans/ https://youtu.be/Ja0EnuU26SA?si=CUguXY5GUtcJPnb6 https://www.moneycontrol.com/news/politics/loan-write-offs-and-freebies-are-not-the-same-they-shouldnt-be-equated-9008711.html
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