Four telling examples of how the #AatmanirbharBharat #20lakhcrores Jhumla is put together. #NirmalaSitharaman says

1. 12% Provident Fund contribution reduced to 10% over the next 3 months.

This is being counted as 6750 Crore of "Liquidity Support"...
2. Tax Collections/Deductions AT SOURCE for transactions involving non-salaried people, will be reduced by 25%.

This is estimated to be 50000 Crore "in People& #39;s Hands"...
4. Central Govt and PSUs will clear all outstanding dues to MSMEs in the next 45 days.

Amount unspecified (speculation is around 1L Crore)... https://twitter.com/ANI/status/1260529967802150915">https://twitter.com/ANI/statu...
If the examples above typify the "stimuli", they ought to hv exerted some more creativity to create a fictional package of 20% of GDP.

What it honestly is: deferred payments to Govt, accelerated payment of dues to Citizens/Enterprises.

#NoUlluBanaoingModiji & #FinanceMinister
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