Hyderabad: Former Finance Minister P Chidambaram said on Wednesday that he is looking forward to what Finance Minister Nirmala Sitharaman has to say on Rs 20 lakh crore package.
Speaking to ETV Bharat, Chidambaram said "Yesterday, PM gave us a headline and a blank page. Naturally, my reaction was a blank!"
"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," he added.
The former finance minister also said that he will also carefully examine who gets what?
"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."
"We will also examine what the bottom half of the population (13 crore families) will get in terms of REAL MONEY," Chidambaram added.
Read more:PM Modi’s package will revive economic activity but more clarity is needed, say economists
On Tuesday, Prime Minister Narendra Modi announced a special economic package with a new resolution. He said the economic package will serve as an important link in the 'AtmaNirbhar Bharat Abhiyan” (Self Reliant India Campaign)'.
"The economic package that is being announced today, if added, comes to around Rs. 20 lakh crores. This package is about 10 percent of India's GDP. With this various sections of the country and those linked to economic system will get support and strength of 20 lakh crore rupees."
"This package will give a new impetus to the development journey of the country in 2020 and a new direction to the Self-reliant India campaign. In order to prove the resolve of a self-reliant India, Land, Labor, Liquidity and Laws all have been emphasized in this package," Modi said.
"This economic package is for our cottage industry, home industry, our small-scale industry, our MSME, which is a source of livelihood for millions of people, which is the strong foundation of our resolve for a self-reliant India. This economic package is for that labourer of the country, for the farmers of the country who are working day and night for the countrymen in every situation, every season. This economic package is for the middle class of our country, which pays taxes honestly and contributes to the development of the country. This economic package is for Indian industries, which are determined to give a boost to the economic potential of India," PM further added.
