‘Bluntly tell govt to do its duty’: Chidambaram to RBI chief

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‘Bluntly tell govt to do its duty’: Chidambaram to RBI chief

May 23, 2020 20:24 IST

Congress leader P Chidambaram has advised Reserve Bank of India governor Shaktikanta Das to ‘bluntly tell the government to do its duty and take fiscal measures’ to firepower the national economy struggling due to coronavirus and the resultant lockdown imposed to combat its spread. On Friday, Das admitted that growth will be in ‘negative territory' this year. This is the first time anyone in the government or the central bank has admitted that India’s gross domestic product will shrink this year. Chidambaram, who has also been a former finance minister, also attacked the RSS and said it should be ashamed of how the government has dragged the economy into negative growth territory.

National