• About us
  • Contact us
  • Our team
  • Terms of Service
Thursday, December 18, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

MSMEs: Sitharaman, Gadkari should ‘settle their accounts’ first, says Chidambaram

Press Trust of india by Press Trust of india
May 16, 2020
in BUSINESS
A A
0
Chidambaram responds to Modi, lists out names of Congress presidents
FacebookTwitterWhatsapp

New Delhi: Senior Congress leader P Chidambaram took a swipe at the Centre on Friday, saying the ministers of finance and MSMEs should “settle their accounts” first and allow the MSMEs to save themselves without the government’s “help”.

He highlighted the differences between Finance Minister Nirmala Sitharaman and MSME Minister Nitin Gadkari, with the latter saying that governments and PSUs owe Rs 5 lakh crore as unpaid dues to the micro, small and medium enterprises (MSMEs), while Sitharaman has said the government will offer collateral-free loans worth Rs 3 lakh crore to the MSMEs.

More News

Centre has set clear goals in fiscal management transparency, states should follow suit: FM

India Inc to see 9% salary growth in 2026, with focus on short-term incentives: Report

  Opposition MPs demand 100% FDI insurance bill be sent to Par panel for more scrutiny

Load More

“Minister Gadkari says that governments and PSUs owe Rs 5 lakh crore as unpaid dues to MSMEs. Minister Sitharaman says she will offer collateral free loan of Rs 3 lakh crore to MSMEs (numbering 45 lakhs). So, who is the lender and who is the borrower?!

“Will the two ministers ‘settle their accounts’ first and let MSMEs save themselves without government’s ‘help’,” Chidambaram, a former Union finance minister, said in a series of tweets.

Another senior Congress leader, Jairam Ramesh, hit out at the government, saying what Sitharaman announced as part of an economic package was actually announced in the budget.

“Madam Finance Minister, one simple question. What is the ADDITIONAL cash you are putting into the system over the next 6 months?

“The announcements you made today are mostly contained in your budget presented on Feb 1. Another case of repackaging and remarketing,” the former Union minister said on Twitter.

Ramesh also highlighted that Food Minister Ramvilas Paswan had, on June 29 last year, talked about ‘one nation, one ration card’, while the finance minister spoke of the same again on Thursday.

“‘Atmanirbhar arthashastra’ means maximum recycling & repackaging. An example: Ram Vilas Paswan makes an announcement on June 29 2019 for ‘One Nation One Ration Card’. Nirmala Sitharaman repeats the same announcement on May 14 2020,” he said in another tweet.

“One Government, Many Jumlas,” Ramesh said.

“80% of the bogus 20 lakh crore package announced. What more recycling and gimmickry remains? How many more jumlas will India endure as pain, agony and distress intensifies,” the Congress leader asked.

Previous Post

Naidu welcomes reforms announced in agriculture sector

Next Post

Cartoon

Press Trust of india

Press Trust of india

Related Posts

Centre has set clear goals in fiscal management transparency, states should follow suit: FM

India loves celebrating and recognising its diversity: Finance Minister Sitharaman
by Press Trust of india
December 17, 2025

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the Centre has set clear goals for transparency in fiscal management...

Read moreDetails

India Inc to see 9% salary growth in 2026, with focus on short-term incentives: Report

India to grow 7.3% this fiscal, 7.6% in next: ADB
by Press Trust of india
December 17, 2025

New Delhi: Average employee salaries in India are set to increase by 9 per cent in 2026, with a renewed...

Read moreDetails

  Opposition MPs demand 100% FDI insurance bill be sent to Par panel for more scrutiny

by Press Trust of india
December 17, 2025

New Delhi: Several non-ruling members in the Rajya Sabha on Wednesday opposed the bill to raise FDI in the insurance...

Read moreDetails

PM Modi invites Jordanian companies to invest in India, earn good returns

Take part in ‘Your Money, Your Right’ movement: PM Modi
by Press Trust of india
December 16, 2025

Amman:  Prime Minister Narendra Modi on Tuesday invited Jordanian companies to invest in India, saying they can look forward to...

Read moreDetails

Govt introduces bill in LS to hike FDI in insurance sector to 100%

Lok Sabha proceedings begin in new Parliament building
by Press Trust of india
December 16, 2025

New Delhi: A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced...

Read moreDetails

Tata Group, Reliance, Adani among top 5 recipients of LIC’s investment

by Press Trust of india
December 16, 2025

New Delhi: Life Insurance Corporation of India (LIC) has invested the maximum amount of Rs 88,404 crore in the Tata...

Read moreDetails
Next Post
Cartoon

Cartoon

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.