Birdwatch Note Rating
2024-04-24 20:45:22 UTC - HELPFUL
Rated by Participant: BADE9DEE226820115FA6D12702AB11138E8C2F172D9CE3C3A5E38E53A2A41109
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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