+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Compassionate Modi govt committed for job creation, stimulating economy: BJP on package announcements

May 13, 2020, 20:09 IST
PTI
New Delhi, May 13 () BJP chief J P Nadda on Wednesday said the announcements made by Finance Minister Nirmala Sitharaman show that the central government is compassionate and committed towards creating jobs and stimulating the economy.

Thanking the prime minister and Sitharaman, Nadda in a series of tweets said in this testing time, India has a compassionate and responsive government under the leadership of Narendra Modi.

Advertisement

"In the wake of COVID-19, today's announcements for MSMEs like provision of collateral free loans, debts and equity, liquidity for NBFCs and support to real estate, Discoms, contractors and other tax measures show the commitment to create jobs and stimulate economy," he said.

Many BJP leaders and Union ministers hailed the announcements made by the Finance Ministry on Wednesday and termed these as "game changer".

Union Home Minister Amit Shah said in these challenging times, to boost Make In India, help MSMEs and other companies from the often unfair competition by foreign giants, the Modi government has disallowed global tenders up to Rs 200 crore. This is a welcome step towards a self-reliant India, he said.

These announcements are game changer. Rs 3.70 lakh crore package for MSME is big booster and shows the government is very well considering the stakeholders' concern, BJP spokesperson Gopal Krishan Agarwal said. JTR ZMN

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article