• RSS BBC News – World

  • Union Finance Minister Nirmala Sitharaman on Saturday said that those who criticise the Centre’s economic relief package worth Rs 20 lakh crore, do not want to understand it but want to “pick holes” instead, the Hindustan Times reported.

    This came a day after Congress President Sonia Gandhi said at a virtual meeting of several Opposition parties that the package, meant to revive the battered economy, was a “cruel joke on the country”. Party leaders have repeatedly criticised the Centre, calling the details of the economic package “voodoo economics” and a “litany of jumlas”. Others have described it as “too little, too late”, claiming it barely does anything to uplift the poor.

    However, Sitharaman dismissed all criticism and said the idea of the package is to “restart economic activity, put some cash in peoples hands, and infuse liquidity in the system”. She made the remarks while speaking to Bharatiya Janata Party leader Nalin Kohli about the government’s economic relief measures in the Capital.

    “We compared [the] announcements made by other countries,” she said. “We should be not confused about this. Every country has brought in a basket of things, some fiscal, some monetary…We are not different from them. The proportion might vary…[but] we have come [up] with measures which will infuse more liquidity into the market. People will get…

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