ప్రజల డబ్బు ప్రజల చేతుల్లో పెట్టి ప్యాకేజీ అన్నారు, రూపాయి కేటాయించని కేంద్రం||Demystify Package 1.0
Prime Minister Narendra Modi’s announcement of an economic stimulus worth Rs 20 lakh crore “as expected… and as perhaps it was intended by the government… grabbed headlines”.
“The page, however, was blank,” the Congress leader said.
Advocating that the Union government should have initiated cash transfers to the poor, as eminent economist Thomas Pikkety had said on Tuesday, Chidambaram said that neglecting the poor (approximately 13 crore families) would push many “into destitution”.
While he welcomed the relief to MSMEs – the offer of subordinate debt (Rs 20,000 crore) and equity corpus fund (Rs 10,000 crore) – he said even this measure was skewed in favour of the larger MSMEs (around 45 lakh), while the “bulk of the 6.3 crore” units were “left high and dry”. He said he would still prefer to wait for the “terms and conditions” for the relief measures announced by the finance minister before he could comment with greater authority.
About SocialNewsXYZ
An Indo-American News website. It covers Gossips, Politics, Movies, Technolgy, and Sports News and Photo Galleries and Live Coverage of Events via Youtube. The website is established in 2015 and is owned by AGK FIRE INC.
ప్రజల డబ్బు ప్రజల చేతుల్లో పెట్టి ప్యాకేజీ అన్నారు, రూపాయి కేటాయించని కేంద్రం||Demystify Package 1.0 Prime Minister Narendra Modi’s announcement of an economic stimulus worth Rs 20 lakh crore “as expected… and as perhaps it was intended by the government… grabbed headlines”. “The page, however, was blank,” the Congress leader said. Advocating that the Union government should have initiated cash transfers to the poor, as eminent economist Thomas Pikkety had said on Tuesday, Chidambaram said that neglecting the poor (approximately 13 crore families) would push many “into destitution”. While he welcomed the relief to MSMEs – the offer of subordinate debt (Rs 20,000 crore) and equity corpus fund (Rs 10,000 crore) – he said even this measure was skewed in favour of the larger MSMEs (around 45 lakh), while the “bulk of the 6.3 crore” units were “left high and dry”. He said he would still prefer to wait for the “terms and conditions” for the relief measures announced by the finance minister before he could comment with greater authority.