Bengaluru, May 13: Former chief minister and senior Congress leader Siddaramaiah on Wednesday called the measures announced by Finance Minister Nirmala Sitharaman as 'disastrous' and said it is 'non-existent' in terms of benefits to poor migrants, labourers, contract employees and farmers.
"The first set of measures announced by @FinMinIndia @nsitharaman, after 8 PM speech by @narendramodi, is disastrous & non-existent in terms of benefits to poor migrants, labourers, contract employees, farmers, etc," Siddaramaiah said in a tweet.
The Congress leader said most of the intended benefits may not reach the end recipient.
This comes a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore special economic package to revive the COVID-19 hit economy.
"The contribution by the government for the schemes announced are mostly notional and less of actuals and the devil lies in the detail," the Congress leader said in another tweet.
After Sitharaman announced support measures for MSMEs, Siddaramaiah said, "The credit infusion to MSMEs may help them clear dues to vendors but it is doubtful if they shall utilise the credit available to pay their labourers & to prevent job cuts. @FinMinIndia should have taken measures to pay part of the salaries to the employees in MSMEs."
Further questioning the Centre on 'ignoring the spending for boosting consumption', Siddaramaiah said, "The government is interested in capital infusion in the form of credits but totally ignorant of the actual spending that needs to be done to boost consumption. How can credit be considered as government spending?"
Siddaramaiah said the next set of measures should benefit the marginalised sections.
"Will be looking forward to next set of measures & I hope it will be something to benefit the marginalised sections. Direct benefits to the poorest sections will help them survive this pandemic. COVID-19 fight should not be another perception battle but a real one," he added in another tweet.
Sitharaman earlier announced Rs 3 lakh crore collateral-free automatic loans for businesses, including MSMEs.
Besides this, she also stated that to provide stressed MSMEs with equity support, the government will facilitate the provision of Rs 20,000 crore as subordinate debt.
Comments
No doubt sign of Manjal Seek - Jhondis
Here is the answer to all of your questions Mr. Fekendra Modi
http://www.coastaldigest.com/india/police-spurned-man-burns-dalit-girl
Shame less all above comments are 100% fit with previous bjp governments rule.
Fellow with crack mind set talking non sense. His CM candiate is a big corrupt and other ten candidates from one family are the big looters of our national property what else evidence we have to give.
All must think well and decide to elect a non corrupt; non communal; non criminal group and their candidate. i/o thes desh drohi group.
Jai Hind Jai Karnataka
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