Finance Minister Nirmala Sitharaman and Anurag Thakur may announce new schemes for private job employees before Diwali amid coronavirus pandemic. Although this package was announced for government employees, these expenses are going to be on some items, which will directly benefit the small businessman.
When will the picture be clear on LTA for the private sector?
Regarding giving LTA benefits to private sector employees, he said that clarification will be issued very soon for those employees who have adopted the new tax system or who have already taken advantage of LTA. An explanation about this may be issued in the coming week.
The only country to provide free food grains to 80 crore people
In a recent interview, Anurag Thakur said that both the stimulus package and its impact on the economy, we need to see the bigger picture. Criticism will naturally happen. India is the only country where 80 crore people were given free grain for 8 months. Apart from this, Rs 68,000 crore has been transferred to the bank account of the poor class. Apart from this, several steps have also been taken for micro, small and medium enterprises.
Rural economy in better condition
Regarding the rural economy, Thakur said in this interview that it is in better condition. It is not just about MNREGA or agriculture in the rural economy. Work is being done here at the infrastructure level, which is creating new employment opportunities. Demand for tractors, motorbikes, four-wheelers and houses is increasing in rural areas. Now people have started spending on it.