LIE: Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs. 4 lakh crore out of staggering Rs. 9 lakh crore of NPAs or bad loans given to the corporates under UPA government

Modi Lies

Recovery stood at Rs. 8,680 crore in FY 2016-17 and Rs. 7,106 crore in FY 2017-18 (upto 31.12.2017).  India received Rs 36,400 crore from the successful resolution of Bhushan steel while the remaining 11 cases (of the total 12) will be able to  easily retrieve about Rs 1 lakh crore. Approximating the figures, the amount […]

December 31, 2017

LIE: ‘PM Modi becomes first passenger of India’s first ever sea plane’ was claimed by Modi’s website

Modi Lies

The first commercial sea plane was launched in 2010 in India. The then Minister of Civil Aviation, Praful Patel had confirmed the Jal Hans service which was jointly owned by Pawan Hans. Seabird Seaplane Pvt Ltd, a private player which announced its services in Kerala and Lakshwadeep, was also incorporated in 2012. Read more here: […]

December 12, 2017

LIE: Sardar Sarovar Dam was inaugurated during Nehru’s time but the congress could not complete it. It was done only after I became the PM

Modi Lies

Yes. It was Pandit Jawaharlal Nehru who laid the foundation stone of the project in 1961. It was delayed as a project report created some disputes over water distribution among Gujarat, Maharashtra and Madhya Pradesh. Since it involved three states, negotiations were on, which were important to protect the federal nature of the state. But […]

December 11, 2017

LIE: Former PM Dr Manmohan Singh and former VP Hamid Ansari and former Army Chief General Deepak Kapoor had met Pakistan High Commissioner at Mani Shankar Aiyar’s residence and discussed Gujarat elections.

Modi Lies

While PM Modi hinted at a conspiracy between Congress leaders and Pakistan before the Gujarat elections, he failed to clarify the discussion the points of the meeting. Former Chief of Army Staff General Deepak Kapoor who was also present at the meeting had said that the Gujarat election was not discussed in the meeting. What is interesting is […]

December 10, 2017