ba
)VID-19 ECONOMIC PACKAGE IS A PEELED ONI
FOR THE LABOUR, POOR AND NEE
|: Tamil there is a saying to point out
something which looks big and end
result is nothing, as “Like a peeled Onion”.
This is what is our PM's Covid-19 Economic
Package announced for almost 6 hours in §
to 6 days by the Finance Minister with regard
to the labour,
Poor and needy.
From the entire
package
announcement
it has become
clear that the
Govt. has once
again reiterated
its commitment
to promote only
Private interest.
At present in our
country the
entire power and
decision making
is concentrated
in one place
only. No place
for dissent or
alternative opinion. Only praising and more
praising for the Ruler. Here | would like to
quote what Thiruvalluvar the great Tamil Saint
who lived during the 4th Century in one of his
1330 Couplet (Kural) has told “Who not
agree those around, no moderation know,
in self applause indulging, swift to ruin
those”
Explanation :- He will quickly perish,
who ignorant of his own resources flatters
- CSRIKUMAR
himself of his greatness, does not live in
peace with his neighbours.
After the big bang announcement made
by the Finance Minister as usual the
supporters of the government have started
propagating all those big announcements and
starting pouring all types of praisings on the
PM and FM.
One such
Article was
published in the
New Indian
Express, The
Author
Shri.Rajeev
Kumar, Vice
Chairman NITI
Aayog in the
preamble of his
Article has
stated the
following:
The twin
mantra for the
Government to
stimulus in
response to the unprecedented economic
impact of COVID-19 has been to first ensure
that the human cost of the crisis is minimized,
especially for those at the bottom of the
Pyramid, and two, to convert this crisis in to a
opportunity by implementing old structural
reforms that will go beyond repairing the
damage to production capacity and enhance
the overall supply response capabilities of the
economy. The stimulus announced by theUnion Finance Minister Niramala Sitharaman
over 5 days recently is a carefully crafted, well
balanced yet bold package, which will, in the
coming days achieve both adjectives’.
He continuous to write “Defence
Production and Exports will get a new filip
with the liberalization measures. Greater
space. will be given to private businesses in
sectors in which hitherto Public Sector
Enterprises either a complete monopoly or a
predominant presence”
‘Our country is facing today the greatest
economic crisis
since
Independence.
Almost all
businesses are
collapsed, 12
Crore people
lost their job.
Majority of the
population will
reach the
starvation level
in the coming
days
Immediately
after the
lockdown the
Finance Minister announced a package to issue
little extra food grains, Rs.500/- each for poor
‘women with Bank Account. Many report says that
even 50% of our poor women do not have Bank
Account. Subsequent to this the rescue package
of 10% of the GDP announced by the Government
with lot of Celebration and fanfare was not having
anything to give any relief to labour, poor and
needy. Even the Financial package announced to
the Small and Medium Scale Industry is notevena
loan but itis only a credit guarantee. The Migrant
workers have become orphan in theit own mother
land. In the rescue package these crores of
Migrant workers were not given a single paisa
The only announcement made for them is two
months of Ration with either Rice or Wheat. The
rescue package completely ignored the daily
wage worker and the workers who are working in
many of the Industries including Construction as
Contract Workers. The demand of the Political
parties and the Central Trade Unions and also the
prominent economists of this country to provide
some cash assistance of Rs.7500/- per month for
two to three months has been completely ignored.
The State Governments who are directly fighting
the COVID-19 pandemic has not been given any
share from the
Central Fund
Infact the State
Governments
are the one's
who are
spending a huge
amount on the
Public Health
Care and other
Sectors
including
Agriculture
during this erisis.
The Country now
requires a
massive
investments in
Public Health Programme to face the present
crisis, since almost all the big Private Hospitals
including the Multi Specialty Corporate Hospitals
have closed down their operation. This is the time
money is required to be pumped in to all sectors of
the economy and all section of the people.
Another wrong decision taken by the Government
was to freeze the DA due to the Central Govt
Employees and the State Govt. Employees and
DR due to the Pensioners for 18 months. If this
element was given to the Govt, Employees and
Pensioners, that money must have again gone to
the Market only.Inspite of all the above crisis the Govt. is
only interested to help and provide all assistance
to the Private Corporate Houses only, The
Country has already suffered a lot in the hastily
decided demonetization
and the rolling out of GST.
The Economic package
has created panic in the
minds of the lakhs of
employees of Public
Sector undertaking and
almost 82 thousand
employees of the Indian
Ordnance Factories. All of
them are worried about the
future of their industry, their
jobs and their own future. As already told in this
Article apart from Job loss and unemployment, itis
also seen from some survey and reports that
poverty in India has risen between 2011-12 and
2017-18.
The lacking of sincerity in announcement of
"Self Reliance" is exposing the announcement
made by the Finance Minister for outright
privatization of Public Sector industries and to
corporatize the Ordnance Factories and
subsequently to privatise it, The Govt. instead of
all these thetoric announcement should have
straight away given direct cash support to the
people who are suffering and to the Small
Industries and Businesses to mitigate the
hardship and this money so given to the
individuals should have been poured in to the
market. The Govt. have not leamed a lesson that
in any emergency, in any crisis, the private
corporates will never come to the rescue of the
country and its people. During the COVID-19
lockdown and crisis it is only the Public Sector
Banks which is serving the people, the Public
Sector Industries and the Govt. Sector Industries
in different sector are helping the Government to
overcome the crisis. It is the Air India which has
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taken its Aircraft to different parts of the world and
brought our Citizens back to our country. It is the
Indian Railway which is carrying the migrant
workers to their home town (it is shameful that the
Govt. is charging the Ticket Fare from these poor
migrant workers to their home town). It is the
Ordnance Factories and
the DRDO which has
helped the Govt. in
producing various PPEs
required for the Health
workers in the country. It is
a thankless and insensitive
Government. All of a
sudden Atmanirbhar (Self
Reliance) has become the
buzz word of the
Government. But the fact
remains the Govt. relies either on the private
corporate or the Multi National Corporates instead
of relying on the Govt, Sector and Public Sector,
Even the Defence is not spared. In the Defence
manufacturing in India 74% of the Companies
share will be now owned by the Foreign Arms
manufacturers.
To conclude many are celebrating this 20
Lakh Crore Economic package announced by the
Finance Minister, but the major sections of the
people of this country are pained and are feeling
that they are completely ignored and that is the
reality, The supporters of this package should
clarify to the nation that how the Finance Minister's
concept of “New horizon of growth, unleashing
new investments, Boosting production and
Creating jobs", is going to be a reality in the
coming days.
ATMANIRBHAR
BHARATH