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
Masha Allah
Congratulatuions Sister Fathima all the very best for your future.
Mabrook Fathima Keep it up
Mash Allah , Great Job Done By Fathima and one of the toughest Job on earth is Indian CA, Great Fathima you made Muslim Community Proud .
Masha Allaha,,, Good Achivement.. keep it up.. sis.
I think he is talking about His own Party.
KESARU = RSS, KAMALA = BJP
Great achievements fathima hamza congratulations, let fulfill your future studying dream Masha allah.
Sudhar Javo Naren. Dont waste your valuable life. Be clean minded and clean hearted. Pray for your right guidance from Almighty God.
Ma Sha Allah Sister.. May Allah bless you in all your future steps..
Frustated person is disliking all comments. :D Sudhaar jaao yaar abhi bhi bahuth waqt hey
Congratulations fatima .may Allah bless you in good health and knowledge
kesarinalli kamala...
Masha Allah alf mabrook. Excellent performance.keep it up
Fathima ,you made your parents ,family and our community proud.
you made us BWF very proud, and myself and on behalf of BWF congratulations for your bright future. Let All your hopes and dreams be fulfilled
Masha Allha.. congratulations..
ALHAMDULILLAH. ALF MABROOK AND CONGRATULATIONS TO MS.FATHIMA HAMZA, & HER PARENTS MR.HAMZA ABDUL KHADER & MRS.ZAINAB MUMTAZ & THE WHOLE FAMILY., WHO ARE CLOSELY KNOWN TO ME AND MY FAMILY. IT IS A VERY GLAD NEWS TO HERE ABOUT THIS GREAT ACHIEVEMENT OF PASSING OUT HER CA EXAM IN FIRST ATTEMPT, MASHA ALLAH. IT IS CLEARLY EVIDENT HERE ABOUT HER DEDICATION, COMMITTMENT, HARDWORK & FOCUS ON THE SUBJECT, WHICH GAVE HER SUCCESSFUL RESULT. OFCOURSE, PROPER GUIDANCE AND UPBRINGING BY HER PARENTS. MAY ALMIGHTY ALLAH BLESS HER & HER PARENTS & FAMILY WITH HIS MERCIFUL AND BOUNTIFUL BLESSINGS AND ALSO A SUCCESSFUL PROFESSIONAL AND PERSONAL FUTURE FOR HER, AAMEEN.
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