PM gave us headline and blank page: P Chidambaram attacks Narendra Modi's speech
By Lokmat English Desk | Published: May 13, 2020 09:56 AM2020-05-13T09:56:36+5:302020-05-13T09:57:00+5:30
Congress leader P Chidambaram and former Union Minister has labelled Prime Minister Narendra Modi's announcement of a Rs 20 ...
Congress leader P Chidambaram and former Union Minister has labelled Prime Minister Narendra Modi's announcement of a Rs 20 lakh crore stimulus package as a "headline and a blank page", and said he was looking forward to Finance Minister Nirmala Sitharaman filling the bank page. On Tuesday, PM Modi on his fifth address to the nation on coronavirus pandemic announced financial incentives, adding to previously announced packages, for a combined stimulus of Rs 20 lakh crore, roughly 10 per cent of India's GDP, to tide over the coronavirus crisis and its impact on the economy.
The package includes Reserve Bank of India (RBI)'s assistance and a Rs 1.74 lakh crore fund announced earlier, days after the country went into lockdown to slow the spread of coronavirus. Nirmala Sitharaman is expected to address a series of press conferences from today to give details of the package.In tweets, the Finance Minister said: "This shall not be just a financial package, but a reform stimulus, a mindset overhaul, and a thrust in governance." PM Modi also emphasized on "Aatma-Nirbhar Bharat (self-reliant India)" in his address to the nation.
Yesterday, PM gave us a headline and a blank page. Naturally, my reaction was a blank!
— P. Chidambaram (@PChidambaram_IN) May 13, 2020
Today, we look forward to the FM filling the blank page. We will carefully count every ADDITIONAL rupee that the government will actually infuse into the economy.
Open in appWe will also carefully examine who gets what?
— P. Chidambaram (@PChidambaram_IN) May 13, 2020
And the first thing we will look for is what the poor, hungry and devastated migrant workers can expect after they have walked hundreds of kilometres to their home states.