Tamil Nadu main Minister MK Stalin | Photo Credit: SS Kumar
The proposed India Reserve Bank of India (RBI) on the golden collateral has created a situation where the poor would be forced to accept gold loans in favor of business companies, but cooperative banks under the Tamil Nadu government would mention the poor and dowstrodden, DMK President and Tamil. In an open letter, Mr. Stalin stated that his government would protect the rights of the state.
He accused the government of the Union of not taking into account the well -being of people and instead attacked them via RBI, first with demonization and now the standing standing of fresh gold.
“The Minister of Periakaruppan has announced that the standards are not subject to cooperative banks, as part of the steps to protect people Tamil over.
Poor and oppressed, who took loans from banks only by promising gold jewelry, were forced to face a crisis after the new RBI standards, Stalin said. “They are forced to receive loans from private financial institutions.” Mr. Stalin claimed that RBI had created a situation in which the poor would be forced to accept loans for excessive interest rates in favor of business companies.
Unlike the former governments, the DMK government was not usual to give up state rights to the center, Stalin said. Even if the Union’s government refused to grant funds for education, the state government sanctioned from its funds with a decision to follow the two languages policy determined by the late leader of the CN Annadurai, he said. “We help people through cooperative banks when they are unable to approach the names of banks because of the restrictions of gold loans. This is the activity of a government that protects people. This is a stand that does not give up state rights,” he said.
Mr. Stalin said that people Tamil wanted his government to continue, but opposition parties that were unable to find a mistake with the DMK management, threw out the problems in their attempts to avoid their loss. They used social media to campaign against the DMK government, he said.
Annadurai, when he founded a DMK, called on people to join the party to fill in the prison, Mr. Stalin remembered: “Even if there are some who start the political party for contributions, and some might even commit their side to save their contribution, DMK took imprisonment with a smile and floated in the fire. With the power that his workers gave him, he said, “I took the opportunity to protect the well -being and restore the rights of the state.”
Published – May 30, 2025 23:11
