Inadequate economic package, the government gives money directly to the poor if the economy is to improve

New Delhi, dated 16 October 2020, Friday

Geeta Gopinath, chief economist at the International Monetary Fund, says the government's first Rs 20 lakh crore package, followed by a recent Rs 45,000 crore package for central government employees. Will fall.

"Most of the packages in India are in the form of loans and credit guarantees," he said in an interview to an English newspaper. Free food is provided but it is difficult to boost the economy.

"All the relief schemes announced during the Corona transition are coming to an end, so it is necessary to extend the duration so that a large number of people can get relief," he said. Not coming. In some countries, the situation will not return to normal by 2023.

On the Self-Reliant India Campaign, he said that both import and export are essential for a supply chain. Without a global supply chain, it will not succeed.