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Harsh Goenka says he was 'misunderstood' for his tweet on farm loan waivers; 'didn't mean to take a dig' at farmers
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Harsh Goenka says he was 'misunderstood' for his tweet on farm loan waivers; 'didn't mean to take a dig' at farmers

Sulekha Nair • December 20, 2018, 19:32:08 IST
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Harsh Goenka says he is a proud Indian and is concerned how to get an immediate and sustained solution for agrarian distress in the country

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Harsh Goenka says he was 'misunderstood' for his tweet on farm loan waivers; 'didn't mean to take a dig' at farmers

After being blasted on social media for his tweet on farm loan waivers, Harsh Goenka, chairman, RPG group put out a tweet clarifying his position on the issue.

On Wednesday, Goenka tweeted asking for solutions to paying off loans.

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Following the comment, Goenka was criticised by many on the micro-blogging site. “I am deeply concerned about the acute distress of our farmers. The agrarian crisis is a real one. Whether subsidy, MSP or technology interventions, we need to find an immediate and long-term sustainable solution.” Goenka told Firstpost clarifying his stand. Shekhar Gupta, editor, The Print, said Goenka was being ‘unfair and insensitive’ to the farmers’ woes. He said:

This is unfair & insensitive, I’m afraid. Agree, loan-waivers are vote-buying populism & no solution to farm crisis. But most of our farmers are very poor. Agri subsidies are a global need & reality. Challenge is to apply these prudently, not merely for political gain https://t.co/doJNmzuQBa

— Shekhar Gupta (@ShekharGupta) December 20, 2018

Sucheta Dalal, managing editor of MoneyLife asked him to emulate what most businessmen do: Borrow more and then do debt reconstruction:

Why convert anything? Like all BIG businessmen borrow more. Easy for you @hvgoenka - once it is a few 100crores, get debt reconstruction a couple of times - interest waived. Then file cases! Delay. Consult #vijaymallya - can offer more suggestions if needed!! 🙁🙄😊 https://t.co/zocr9mT8ww

— Sucheta Dalal (@suchetadalal) December 20, 2018
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