Chidambaram said, there is nothing for the poor in the economic package

 13 May 2020 ( News Bureau )

Congress leader and former finance minister P Chidambaram has said that the details of the economic package that the current finance minister has given, there is nothing for the laborers returning from their poor and starving homes on foot.

He said that apart from the package given for micro, small and domestic industries, the remaining announcements are disappointing.

Former Finance Minister Chidambaram questioned after the Finance Minister of India Nirmala Sitharaman gave details of the economic package of 20 lakh crores of central government, "Finance Minister has given only 3.6 lakh crores out of 20 lakh crores package. , Where did the remaining Rs 16.4 lakh crore? ''

He said that the Central Government is imprisoned in its own ignorance and fear, it will have to spend more, but it is not willing to do so.

Chidambaram said, "The government should borrow more, but it is not willing to do so. The government should allow the states to borrow more and spend more, but it is not ready to do so."

Chidambaram also said that the government's announcement of some support measures for micro, small and medium scale industries (MSMEs) is a good step but it also has a flaw.

He said, "I believe that the measures have been diverted in favor of large MSMEs (about 4.5 million). I think a large group of 6.3 crore MSMEs has been ignored."

Congress spokesperson Randeep Surjewala tweeted, "Yesterday, today and tomorrow, headline package of 20,00,000 crore, only loan package of 3,70,000 crore today, but when" headline to helpline package "? Neither a single penny in the hand of the poor, nor a rupee in the account of the farmer, neither the return or ration of the migrant laborer, nor the shopkeeper / job occupation got anything. ''

Reacting to the economic package, West Bengal Chief Minister Mamata Banerjee said that there is nothing for the states in this.

Mamta Banerjee said, "People hoped that there would be relief ... but they got nothing. There is nothing for the states. The Center is forcing federal rule, misleading people with the economic package."

Rajya Sabha MP of Aam Aadmi Party Sanjay Singh has described this package as a provision of loot to crores.

He tweeted, "One thing is clear from today's package that the unscrupulous people who have already looted millions of crores of rupees in the name of NPAs, the government has made arrangements to loot millions of crores of them again. Poor Nothing felt in his hands, he was left trusting God. ''

Nirmala Sitharaman today announced the first installment of the Rs 20 lakh crore relief package of Prime Minister Narendra Modi's self-reliant India campaign. Daily relief package announcements will be made in the next few days.

 

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