In a series of tweets, Mr. Chidambaram also asked about the Finance’s response to the RBI’s research paper and said only Mr. Modi and Ms. Sitharaman believed in the ₹20 lakh crore package. “Now, the RBI too has come out with the demand that the government provide more fiscal stimulus. The RBI has belatedly added its voice to the unanimous demand by over a dozen world-renowned economists. The government’s stimulus so far adds up to a pathetic 2% of GDP or even less. Only the PM and the FM believe that their package amounts to 20% of GDP!” Mr. Chidambaram said.

Source: The Hindu December 25, 2020 21:56 UTC