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Govt says it’s hiked MGNREGS wages as part of package. This was already in the works. Read this @SaubhadraC story from March 14, 2020. Doesn’t even say a world about Covid19 1/n https://m.hindustantimes.com/india-news/wages-under-rural-job-scheme-mgnregs-could-be-raised/story-UvuT6jmuN9neJ8FdTyQtWL.html
Ration card portability is good. But nothing new. According to the concerned Minister 12 states had it in place by January. Again nothing to do with Covid19 2/n https://www.thehindubusinessline.com/news/ration-card-portability-implemented-in-12-states-paswan/article30504837.ece
₹5000 cr for 50 lakh street vendors in LOANS. That’s ₹10000 per head. Salim Bhai who sells eggs outside our office perhaps had a daily turnover more than ₹10000 (an omelette was ₹50)
Credit could be extended on “good repayment behaviour” 3/n
Credit could be extended on “good repayment behaviour” 3/n
Affordable housing but is just bizarre. You’ve to read it and put yourself in place of someone living in a slum (very unlikely that these rentals would be lower than what they are already paying) and not earned much for two months now to think how it helps 4/n
May be more will come tomorrow. But as of now it looks like the only thing this govt understands is easing credit and liquidity to boost growth. That’s a pity given the fact it’s two biggest leaders are from business land of Gujarat. If there’s no धंधो no one wants क़र्ज़ों n/n
