Is India not self-sufficient today? Shiv Sena on new economic package

MUMBAI: The Shiv Sena on Thursday raised questions about the Center's Rs 20 lakh crore stimulus package announced to revive the economy hit by Covid, and asked if India is not a self-sufficient country today.

An editorial in Sena spokesperson 'Saamana' wondered how Rs 20 lakh crore will be generated, and opined that an environment should be created in which the industrial, commercial and business sectors are encouraged to invest.

In the path of new self-sufficiency, India cannot allow industrialists to flee, and for that political institutions like DE and CBI must be blocked for some time, he said.

Prime Minister Narendra Modi announced new financial incentives on Tuesday in addition to the previously announced packages for a combined stimulus of Rs 20 lakh crore, saying the Covid-19 crisis has given India the opportunity to be self-sufficient and emerge as the best in the world.

The Sena said that the country is told that the package will be beneficial for MSMEs (micro, small and medium-sized enterprises), poor workers, farmers and the middle class that pays taxes.

The package (according to the Center) will reach 130 million Crore Indians and the country will become self-sufficient. Does this mean that India is not currently a self-sufficient country? the marathi newspaper asked.

It is good that PPE kits and N95 masks are now made in India, he said.

Any country progresses while learning from the crisis and the struggle. Before Independence, not even a needle was manufactured in India, but in 60 years, India became self-sufficient in science, technology, agribusiness, defense, manufacturing, and atomic science. He said.

An institution such as the Indian Council for Medical Research (ICMR), which is assisting in the manufacture of PPE kits, is part of self-supporting India, he noted.

When asked how Rs 20 lakh crore will be raised, as announced in the core package, the Seine said an environment should be created in which the industrial, commercial and business sectors are encouraged to invest.

India, in the path of new self-sufficiency, cannot allow industrialists to flee, and for that political institutions such as the Execution Directorate (ED) and the Central Bureau of Investigation (CBI) must be blocked for some time, he added. paper said.

Despite announcing 'lockdown-4' and the economic package, why has its impact not been reflected in the stock market? I ask

Investors are in a dilemma. The prime minister and top ministers must show them confidence and support, he said.

Previously he was Pandit Nehru and now he is Modi. If (former Prime Minister) Rajiv Gandhi had not laid the foundations for a digital India, there would be no video conferencing of PM, CM and bureaucracy in times of coronavirus, he added. The party led by Uddhav Thackeray said.

He agreed with Modi that the coronavirus will remain for a long time and that lives don't have to revolve around it.

We need to get back on our feet again, the Seine said.

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