Answer to crisis is to put money in hands of people: Chidambaram on govt package
A day after Finance Minister Nirmala Sitharaman announced a package to support the pandemic-hit economy, senior Congress leader P Chidambaram on Tuesday said the answer to this “crisis” is to spur demand by putting money in the hands of the people, especially the poor and the lower middle classes. Sitharaman on Monday announced Rs 1.5 lakh crore of additional credit for small and medium businesses, more funds for the healthcare sector, loans to tourism agencies and guides, and waiver of visa fee for foreign tourists as part of a package…
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