New Delhi, April 18 -- A petition has been filed in the Supreme Court seeking to stop political quarters from offering loan waivers and other monetary schemes in their election manifestos, citing that these plans involve public money and can also adversely affect the economy.
"The political parties are offering loan waiver schemes in their election manifesto for their political motives by ignoring the negative effects of loan waivers on the economy, as they are using the offer of manipulation of the public fund as a tool to achieve their political motives to come to power. The Centre and state governments should not be permitted to reduce or waive off loans," the petition read.
The petition filed by advocate Reena N Singh also said that t...