Senior Congress leader Mallikarjun Kharge on Monday said that though India’s economy needed a sector-specific plan to revive it, Prime Minister Narendra Modi’s government refused to address the issue.

“We needed a sector-wise plan and the government had 62 days of lockdown to plan for this. Sectors like tourism, hospitality, airlines, transport, retail, restaurants, construction needed very specific measures, given they employ large numbers of people. But, it is clear from the measures announced last week that the government has either no sense of the crisis or has plainly refused to address it to revive the economy,” Mr. Kharge said in a statement.

He said the Indian economy has gone from “slowdown to complete shut down” mode.

“An announcement made by the Prime Minister of the country should be made with a lot of deliberation and seriousness, especially during such an unprecedented crisis. The so-called ₹20 lakh crore economic package has now been analysed by experts and its total cost works out to less than 1% of the GDP,” he added.

“The relief package and press conferences have not only exposed the apathy of the government towards migrant workers but also its arrogance and hypocrisy,” Mr. Kharge said.

“Today, the agriculture sector is the only bright spot, which is expected to grow at 3% when the GDP for the 2nd quarter is expected to fall by as much as 45%,” he added.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Not convinced? Know why you should pay for news.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here