Vice President of JP, Dr.Abdullah Mausoom have said that putting wasteful debts on people is the greatest injustice.
Dr.Mausoom said that the government should take loans if the government can be sure that the loans can be repaid. He said that if not the country will become bankrupt.
He said that the projects conducted by the government should take extra measures not to waste any money and if it is wasted it is a huge loss for the people. He said that however, a lot of money is wasted through various projects conducted by the government and as a result the cost of the projects increases.
“If projects are conducted without any waste, then the debt would not increase like this” said Dr.Mausoom.
Dr.Mausoom said that the debt will be inherited to future generations and hence loans should be taken in a way that it would not be a burden for future generations. “If not we will never get economic independence” said Dr.Mausoom.
In addition he said that the people are always in debt. “They cannot pay bills, rents, loans and many other forms of debt” said Dr.Mausoom.
“ Hence it is not a must to be in debt and the president saying that increase of debt leads to development will encourage people to take loans. That is not right. The president should encourage to live without taking loans or to live based on what you earn. Then only people can learn this and be encouraged to live that way” said Dr.Mausoom.
Putting wasteful debts on people is the greatest injustice : Dr.Mausoom
