Ex-CBI JD Laxminarayana analysis on centre's 20 lakhs crore package
Ex-CBI JD Laxminarayana has welcomed the move of the center's 20 lakhs crore package at the coronavirus situation. Reacting to the finance minister Nirmala Sitharaman on the implementation of the economic package, the former IPS officer said the two sectors i.e., Agriculture and MSME, are occupying the prominent place as far as the employment and related issues are concerned. He said though the Agriculture sector does not give the employees throughout the year, the MSME gives sustained employment. Laxminarayana has shared his opinion on the collateral-free automatic loan of Rs 3 lakh crores and 20,000 crores on the stressed MSME sectors. He has also shared his opinion on other pools of finance.