What we know so far:
1.Modi made another grand appearance on TV at 8 PM y'day.
2. Made a grand & boistrous announcement of a package of Rs.20 Lacs Crores. W/o details.
3. FM @nsitharaman came at 4 PM today to provide the deatils.
4. 16 measures announced.
1.Modi made another grand appearance on TV at 8 PM y'day.
2. Made a grand & boistrous announcement of a package of Rs.20 Lacs Crores. W/o details.
3. FM @nsitharaman came at 4 PM today to provide the deatils.
4. 16 measures announced.
5. FM claimed that the total measures would involve Approx. Rs. 5.78 Lacs Crores.
6. Other than Rs. 2500 Crores (EPF contribution) - the government outgo is conspicuous by its' absence.
7. The credit guarantees are a thing of a very distant future.
6. Other than Rs. 2500 Crores (EPF contribution) - the government outgo is conspicuous by its' absence.
7. The credit guarantees are a thing of a very distant future.
8. The details for the MSME funding schemes, strangely, start only from October 2020. By that time, most MSMEs may as well be DEAD.
9. IT Refunds are being touted as 'relief package'. You have got to be extremely cruel to claim that.
9. IT Refunds are being touted as 'relief package'. You have got to be extremely cruel to claim that.
10. The funding to NBFCs against 'un-rated paper' is a staggeringly unsound idea. It appears that- #ElectoralBonds are working for some shady NBFCs.
11. All in all -a herculian effort at obfuscation and misleading.
The migrant workers may remain destritute & keep dying of hunger
11. All in all -a herculian effort at obfuscation and misleading.
The migrant workers may remain destritute & keep dying of hunger
