‘In our estimate, the fiscal stimulus part of the 2nd tranche of announcements was Rs 5,000 crore’

P Chidambaram – Former Union Finance Minister:

  • In our estimate, the fiscal stimulus part of the 2nd tranche of announcements was Rs 5,000 crore.
  • Most analysts agree.
  • In today’s tranche it is close to zero.
  • Even the FM declined to answer how many of the amounts mentioned today were already part of the Expenditure Budget and how many are additional sums of money.

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