For helping the big corporates, government has unlimited resources. But, for fighting the Corona Virus Disease, money has to be grabbed from workers' pocket..
The Narendra Modi government has frozen the DA of the Central Government employees and pensioners for a period of 1 ½ years, under the pretext of managing the crisis that has been created by the Corona Virus. The government will say that, this money will be utilised to help the common man. But, the question is, why the government should grab the money from the pockets of Central Government employees and pensioners? In August, 2019, the Modi government transferred Rs.1.6 lakh crore from the Reserve Bank. Next month itself, out of this money, the government gave concessions to the big corporates to the tune of Rs.1.45 lakh crore, by cutting down the corporate tax. Not only this! From April, 2014 onwards, the Modi government has waived bad loans, to be paid by the big corporates, to the tune of Rs.5.55 lakh crore. This is how the Modi government has facilitated the big corporates to loot Rs.5.55 lakh crore of people’s money. So, when the government wants to help the big corporates, it will have unlimited resources. But, when the question of helping the common man arises, the government will not have any source and it will grab money from workers' pockets. This is a classic example for the economic policy of Narendra Modi.
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