Chidambaram takes swipe at NDA govt over statements by Gadkari, Sitharaman
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Chidambaram takes swipe at NDA govt over statements by Gadkari, Sitharaman

Agency News

New Delhi, May 15 : Senior Congress leader and former Finance Minister P Chidambaram on Friday took a swipe at the varying statements by Union ministers on the situation of the MSME sector. In a series of tweets, Chidambaram said,''Minister Gadkari says that governments and PSUs owe Rs 5 lakh crore as unpaid dues to MSMEs. Minister Sitharaman says she will offer collateral free loan of Rs 3 lakh crore to MSMEs (numbering 45 lakhs). So, who is the lender and who is the borrower?!" "Will the two ministers 'settle their accounts' first and let MSMEs save themselves without the government's 'help'?" the former Finance Minister said in a jibe at the statements by the Union ministers.

Earlier this week, Ms Sitharaman, unveiling the government's Rs 20 lakh crore COVID-19 economic relief plan, had announced that the government will offer collateral free loan of Rs 3 lakh crore to MSMEs. Union Minister Nitin Gadkari, in an interview to a TV channel earlier, had said central and state governments owed huge outstanding dues to MSMEs and as a result of which they were struggling for survival. (UNI)

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