PM announces economic package: divergent views in Cong; TMC, left says will wait for details

Prime Minister Narendra Modi during his fifth speech to the nation on Tuesday.

Opposition parties reacted cautiously Tuesday to the Prime Minister’s announcement of a Rs 20 lakh-crore economic package, and Congress, the Trinamool Congress and left-wing parties said they will wait for more details before giving an elaborate response .

Divergent opinions emerged from Congress, with some leaders welcoming the package and others saying the Prime Minister has only given the country a “headline.”

“We welcome the Prime Minister’s announcement of the economic package and the stimulus of Rs 20 lakh crore. We will await the details, but we hope that it will provide much-needed relief to the stressed micro, small and medium sector, especially in support of the payment of workers’ wages and a healing touch for migrant workers, the workers and the poor. ” Congressman Anand Sharma told The Indian Express.

Rajasthan Prime Minister Ashok Gehlot tweeted: “The financial package announced by Prime Minister Modi ji was highly anticipated. Better late than never. We welcome this. Now when details emerge we would know exactly how different sectors
would benefit. “

The head of the congressional communication department, Randeep Surjewala, tweeted that the prime minister’s speech has only given “the country and the media a HEADLINE.”

When the “blank page” is filled with “Heartfelt Help from the People,” the nation and the Congress party will respond. The gigantic heartbreaking human tragedy of migrant workers walking home needed compassion, care, and safe return. India is deeply disappointed at its total lack of empathy, sensitivity and failure to address the problems of millions of migrant workers, “she wrote on Twitter.

2/2
Dear PM

The heartbreaking human tragedy of migrant workers walking home needed compassion, care, and safe return.

India is deeply disappointed at its total lack of empathy, sensitivity and failure to tackle the problems of millions of #Migrant workers !

– Randeep Singh Surjewala (@rssurjewala) May 12, 2020

Party deputy Manish Tewari tweeted: “@PMOIndia’s speech can be summed up in one word: the search for headlines. A number – 20 million rupees lakh. Without details.”

The Trinamool Congress was skeptical. “We saw the box today. We saw the wrapping paper today. But what is in the product. We don’t know. For that, we have to open the package tomorrow or the day after tomorrow. He (Modi) said Rs 20 billion, 10 percent of GDP, but (there was a little asterisk there that said some conditions applied, “said party leader Derek O’Brien.

First reaction to the Prime Minister’s speech at 8pm.

Any financial package is welcome but has raised Qs in this VIDEO.

And nothing about migrant workers becoming bonded labor?

Or some details about the PMCares fund? pic.twitter.com/qdcKn89flL

– Citizen Derek | ?????? ????? (@derekobrienmp) May 12, 2020

He asked how the Center will raise Rs 20 lakh crore. “How will all this be paid for? A loan? Where are the details of the loan? … because if you are going to borrow Rs 20 lakh crore, what happens to the state? How are states going to borrow? Without details. Are you going to raise taxes? we have to wait for the details because the devil is in the details. “

O’Brien also criticized the Prime Minister for not giving any guarantees to the states about his demand for payment of GST quotas and an increase in the debt limit under the Financial Responsibility and Budget Management Act, 2005.
CPM general secretary Sitaram Yechury said it was difficult to comment on the package or the fourth phase of the closure in the absence of details. However, he said it was unfortunate that the Prime Minister did not talk about providing aid to the millions of migrant workers. “We all expected the Prime Minister to announce some ease or relief for them. But nothing was known … And what about the thousands of hungry people?
“The four big problems facing India: the anguish of migrants, the resources that states need, hunger and unemployment were not addressed at all,” said Yechury.

“We will wait to see the details of the package. We hope this money goes into the pockets of the poor and hungry, not to help more defaulters … “.

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