In no civilised country are loans written off, no matter what. This dirty culture of waiving off loans was started by Ziaul Haq, carried forward by Benazir, Musharraf, Nawaz Sharif et all. Now every body taking agriculture or similar loan assumes that the loan will be written off. Bank staff also take multiple loans on different peoples names offering them a petty reward before hand, all with an objective to write off the loans. The matter of fact is that flood has affected every one, not only loan takers. If flood relief is the objective then equilateral benefit must be extended across the board, why only to loan takers.
In no civilised country are loans written off, no matter what. This dirty culture of waiving off loans was started by Ziaul Haq, carried forward by Benazir, Musharraf, Nawaz Sharif et all. Now every body taking agriculture or similar loan assumes that the loan will be written off. Bank staff also take multiple loans on different peoples names offering them a petty reward before hand, all with an objective to write off the loans. The matter of fact is that flood has affected every one, not only loan takers. If flood relief is the objective then equilateral benefit must be extended across the board, why only to loan takers.