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Chidambaram urges Modi Government, Announce Financial Stimulus Package of Rs 10 Lakh Crore

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Accusing the poor, farmers and workers of being ignored in the Rs 20 lakh crore economic package announced by the Modi government, senior Congress leader P Chidambaram said that the government should reconsider it and a comprehensive Rs 10 lakh crore Financial stimulus package should be announced. The former finance minister also claimed that the package announced by the government had a financial incentive amount of only Rs 1,86,650 crore which is just 0.91 percent of India's GDP.

He told reporters via video link, "We analyzed the package announced by the Finance Minister with full attention. We talked to economists. We believe that it has a financial stimulus package of just Rs 1,86,650 crore. "According to Chidambaram, many announcements of the economic package are part of the budget and many announcements are part of the lending system.

Image Credit: Al Jazeera

He alleged that 13 crore vulnerable families, farmers, laborers and unemployed people have been left helpless by the government's economic package. The former finance minister urged the government, "The government should reconsider the economic package, announce the overall financial stimulus package which is 10% of GDP." It should be a financial stimulus package of Rs 10 lakh crore. "

Congress spokesperson Supriya Srinet alleged that the five-day 'serial' of the finance minister had only disappointed the poor, laborers, farmers and middle class people of the country. He said, "This is a 'Jumla' package. The five days serial shown by the finance minister proves that this government has no concern for the poor. The pain of the people has been ignored, "Supriya said," The Prime Minister made fun of MNREGA on the floor of the Parliament. Today the same MNREGA is doing 'Sanjeevani' work for rural India. "

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