Just an eye wash says Palla

palla rajeshwar reddy
- Advertisement -

Palla Rajeshwwar the TRS leader said that the central Government announcements in the name of helping are just an eyewash and it is of no use to them in reality.

The relief measures are mostly disappointing as most of them are Credit linked by Banks who are busy with their own problems after COVID lockdown situation. Bankers would be fully now preoccupied with their year-end audit and finalization of their accounts for the financial year 2019-20 till June 30th.

Bankers are already preoccupied with lockdown issues and in catering to their other customers under most compelling circumstances. It is not possible for Bankers at this juncture to support these Credit Linked Relief measures on immediate basis. Regarding migrant labour, most of them have already headed back to their home and one is not sure when they would return to their work places.

Even MNREGS support Scheme for Migrant Worker can only be theoretically implemented only in Northern and Eastern States, but not in Southern and Western States.

Therefore, the measures are neither sympathetic nor empathetic to distressed migrant labour and farmers and they are like playing to the gallery to get some publicity. It is not ethically correct to include Credit Linked Schemes in the overall 20 lakh crore Relief Package announced by PM Modi.

- Advertisement -