Bengaluru, Apr 27: Janata Dal-Secular leader and former Karnataka chief minister HD Kumaraswamy on Monday said that the government should work towards lowering the cost of living as the spending power of the consumer has weakened, and it should impose COVID cess on the ultra-rich.
"The economy won't bounce back within a very short period. It is important to lower the cost of living as the spending power of the consumer has depleted. The government must cut the petrol/diesel prices. The loss of revenue may be offset partially by imposing COVID cess on the ultra-rich," Kumaraswamy tweeted.
"According to RBI and international economic assessment agencies, the GDP growth rate of the country is expected to fall to a historic low. Such a dire situation calls for citizen-centric measures like full or partial waivers of EMIs, rents, school fees, and other levies," he added.
Kumaraswamy further said that the government must announce schemes to save the livelihoods of people, especially those in the unorganised sector.
"It is high time the government announced schemes to save livelihoods of people, especially those in the unorganised sector. The government must provide immediate relief to farmers, construction workers, cab and auto drivers, garment workers, etc," the former Karnataka CM tweeted.
The Confederation of Indian Industry (CII) had said on April 23 that India's economic growth is likely to hover between zero and 1.5 per cent in the current financial year as the extended COVID-19 lockdown slows down activity across most sectors.
India is under a nation-wide lockdown which was imposed on March 25 and later extended on April 14 to May 3 to stem the spread of coronavirus.
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Good Treatment to Swami, appreciated...ha...ha..ha............
When the mind is empty about the knowledge of the CREATOR , YOU all will find people like SWAMY & their fans spread the hatred & support the EVIL without the knowledge of accountability of the DEEDS with the Creator. When we live in FALSE ideology - we tend to do INJUSTICE to the innocent and OPPRESS them...
Dear Swami and his fans should learn more about the CREATOR of all that exists.. who created the SKY without any Hole in it.. Please look up the SKY, try to find a whole .. LOOK Again try to find a hole... and then PONDER and think on the creation... The CREATOR will guide those who Ponder on his verses...
QURAN asks human to think & PONDER on the verses of the QURAN. and implement and research with the LIFE which ALLAH has given us... Many Scientist have already proven & accepted the word of ALLAH and with their deep study they are PROVING its the word of GOD which is FAR FROM IMPERFECT -- Praise be to ALLAH alone who created the heavens and earth...
Subbu Swamy...Deserves These kind of welcome...Don't Throw good tomatos.Throw only waste. Otherwise he will catch & cook it.
Why swami never tell about vyapam scam, chiikki scam, food scam, lalit modi scam? He only shows at others. First let him look into his own party memebers
An insult to rotten eggs and tomatoes. Swamy need stonewash.
indian Drama Leader,
FreeSpeech is the private property of Marxists on JNU campus -- not open for Ramdev or Subramanian Swamy.
Unlike Kanaiyah.....he survived.
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