The Economic Times daily newspaper is available online now.

    Ex-CM H D Kumaraswamy terms stimulus package a bundle of lies

    Synopsis

    ​Kumaraswamy said no special skills are required to understand the truth and people will soon realise the truth behind it. The JD(S) leader claimed such loans were never new as all the governments have been doing it for the past 50 years.

    HD-Kumaraswamy--bccl
    BENGALURU: Former Chief Minister H D Kumaraswamy on Tuesday termed the Rs 20 lakh crore special economic package announced by the Centre as a bundle of lies and an attempt to mislead people. "This package is nothing but a foolish attempt to mislead people....it is a bundle of lies," Kumaraswamy said at a press conference.

    Kumaraswamy said no special skills are required to understand the truth and people will soon realise the truth behind it.

    Speaking about the collateral-free loans as announced by the Centre, the JD(S) leader claimed such loans were never new as all the governments have been doing it for the past 50 years.

    Kumaraswamy sought to know how the Centre would offer any relief from its Rs 20 lakh crore package to the states, which have incurred huge revenue loss.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in