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
These three people should be treated in the same way as Mr tejpal has been treated in Goa. They should not be able to come out for long time. This can be possible only if our MP will not intevene.
What a shame.. openly he is abusing beary, and jumped at that girl in front of police force. Dumm injandina police aye, musunt dharth paadodu ithnd, haakina ayena, . DK POLICE pokkelana, .. Hope some day people like MR. ANNAMALAI wil come to iur city and take some action againts such dhanda pinda mooji kaas dha bele ijandima goondas.. Thekk nikilna moneg, Naachige ijjandina Jobless luchas.. Yedde aapuji ya nakul, nikleng popi kaala ya.. Until and unless POLICE FORCE doesnt take any action, mukul sudharujeer.. .. Nikulna moneg chappal podi manpodu ya... i wonder these bele ijjandina people, parre olpadh kaas ya nikleg, pardh podhu yer yereg haakunu.. Gumpu gumpu aadh podhu haakunu, oriye oriye popujjer. . Hope 1 day public will unite wen such incident occur in future, and these goons a lesson..
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