Business

Sitaram Declared the Announcement of Sitharaman as a Scam, said, “RBI Money was spent on Corporate”

Monali Gupta

Many big announcements were made on Friday by the central government to boost the economy. Finance Minister Nirmala Sitharaman announced an exemption in corporate tax, but the opposition leaders did not like the government's decision. CPI (M) leader Sitaram Yechury tweeted and wrote that this is a kind of scandal.

Sitaram Yechury wrote that out of the Rs 1.76 lakh crore taken from the Reserve Bank of India, 1.45 lakh crore has now been transferred to the corporate. This is a kind of scandal. This will not fulfill the demand in any way, it will only benefit the businessmen but people will not have any money in their hands.

The CPI (M) leader wrote several tweets in a row that under this government rural wages are declining, MGNREGA wages are completely stable. When the workers needed the most money, the money was given to the corporate. This is an example of extreme capitalism.

Sitaram Yechury wrote that these announcements have been made before Howdy Modi's program in America? That is, there is a preparation to give discounts to outside speculators. Hindustan is going through the worst phase since independence and we are only getting to see the circus.

Let us tell you that Finance Minister Nirmala Sitharaman made a big announcement on Friday in a press conference. Among these, there are big announcements like exemption in corporate tax, exemption from surcharge in capitel gain, exemption for manufacturing companies, limiting tax for investors. After the announcement by the Finance Minister, the stock market, Nifty has increased significantly and the rupee has also strengthened.

The Wait is Over, Prabhas and Deepika's 'Kalki 2898 AD' Set to Make a Splash on This Day

Kejriwal in Jail, Wife Sunita Conducts First Roadshow in Delhi, Makes Emotional Appeal to Public

Chennai Super Kings Vs Sunrisers Hyderabad: When And Where To Watch 46th Match Of TATA IPL 2024?

Punjab: Khalistan Supporter Amritpal to Contest Lok Sabha Elections from Khadoor Sahib Seat, Currently Imprisoned in Assam Jail

BJP MP Brij Bhushan Singh Faces Setback as Court Rejects Petition Seeking Fresh Probe