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
Today, while I was aat work, my cousin stole my iPad annd
testd to see if it can survive a twenty five foot drop, just so she
can be a youtube sensation. My apple ipad is now broken and sshe has 83 views.
I know this iss completely off topic but I had
to share it with someone!
Feel ffee to visit my blog post ... whole life insurance: http://115.28.138.188:88/doku.php?id=profile_deenatam505285
It is actually a nice and useful piece of info.
I'm happoy that you shared this useful information with us.
Please stay us informed like this. Thanks for sharing.
Also visit myy homepage :: Electronic Cigarette: http://www.dogtails.nl/index.php/dog-tales/363-de-dominantietheorie-in-…
Thanks for sharing ylur info. I really appreciate yiur efforts
and I amm waiting for your next post thank you once again.
Here is my web page: sunsetsandsurf: http://premierdux.free.fr/phpmyannu/nouveautes.php
Quality content is the crucial to invite tthe visitors to pay a
isit the site, that's what this website iis providing.
My page - this blog post: http://oscarmurphy.com/index.php?option=com_lyftenbloggie&view=entry&id…
Excellent post. I'm facing a ffew of these issues as well..
Feel free to surf to my page :: this article: http://www.socialnetworkweb.com.br/index.php?a=stats&u=della33y052592
Thanks for finally talking about >Youth dijes as motorbike rams into bus in overtake bid; another
critical
Very good post! We will be linking to this particularly great post
on our site. Keep up the great writing.
Alsoo visit my website; this site: http://urijoe.org/sourcebook/bookmarks.php/ricktmh1067557
With havin so much content and articles do yoou ever run into any issues of plaorism or copyright infringement?My website hass a lot
of exclusive content I've either written myself or outsourced but it appeears a lot of it is popping it uup all over
the web without my agreement. Do you know any techniques to help reduce content from being
stolen? I'd truly apppreciate it.
Feel free to surf to my blo post :: sink: http://www.superpstore.com/links/links.htm
Hi friends, its fantastic paragraph concerning teachingand
completely defined, keep it up alll the time.
Also visit my website: was ist kratom: http://wikicrm.pigma.fr/index.php/Utilisateur:Hassan0678
Thanks for every other infrmative site. The place else coould I get that ttpe of info written in such an ideal means?
I've a mission that I'm simply now running on, and I have been at the look out for such info.
Here is my web site - car spares: http://urijoe.org/sourcebook/bookmarks.php/christielockar
I think that is one of the sso much vital information for me.
And i'm happy studying your article. Howevr should
observation on few basic things, The website style is wonderful,the articles is truly nice : D.
Excellent job, cheers
my web-site; wood projects to sell: http://dent.tnir.ca/index.php/sherishana/all
Add new comment