In the first tranche of the announced 20 lac crores stimulus package 3 lac crore provided for MSMEs will be burdened by PSBs so there is no QE et all.... Government is trying to start another chain reaction of toxic loans in motion which will be burdened by none other than us.
Similarly the 90 thousand crore liquidity infusion for power companies will be handled by another PSU power finance corporation ....The benefits provided through EPF is another accounting exercise as there is no contribution by government....
Am I the only one jise jhol dikh rha.... As I am unable to see any inflow from the budget or liquidity addition by the central banker.
I guess #khelGaiSarkar
I guess #khelGaiSarkar

