The Economy of God
Congress leader P Chidambaram on Saturday attacked Union Minister of Finance Nirmala Sitharaman for describing the coronavirus pandemic as an “Act of God”, wondering why India’s economy was doing poorly before the pandemic struck this year.
Covid an 'act of God', may result in contraction of economy: Nirmala SitharamanFinance minister Nirmala Sitharaman (left) with MoS Anurag Thakur during the 41st GST council meet. Taking a swipe at Sitharaman over the remarks, Chidambaram said, “If the pandemic is an ‘Act of God’, how do we describe the mismanagement of the economy … This is a gross betrayal as well as a direct violation of the lawOn Friday, Chidambaram had said that the states should reject both options presented by the Centre, and demand money together, PTI reported. NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said that the economy is facing an extraordinary 'act of God' in form of the coronavirus pandemic which may … For reprint rights: Times Syndication Service"Covid an 'act of God', may result in contraction of economy: Nirmala SitharamanCovid an 'act of God', may result in contraction of economy: Nirmala SitharamanCovid an 'act of God', may result in contraction of economy: Nirmala SitharamanUK extradition judgment on Nirav Modi to be delivered after Dec 1India likely to set up unified air defence command in OctoberGST shortfall: Centre gives two options to compensate states'Extremely alarming': Covid hits fast dwindling tribe in Andaman IslandsIndia can become net security provider in Indian Ocean: PM ModiRhea used Sushant's funds for own purpose: Narcotics BureauGrocery shopping tips to stay safe amid coronavirusFace shields for an added protection when you step out of your homeWebcams with built-in mic for easy vlogging and conferencing
Donald Trump says he prayed to God about the state of the US economy during the pandemic. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. Congress leader P Chidambaram on Saturday attacked Union Minister of Finance Nirmala Sitharaman for describing the coronavirus pandemic as an “Act of God”, wondering why India’s economy … Will the FM as the Messenger of God please answer?The coronavirus pandemic severely hit Goods and Services Tax collection, creating a deficit of Rs 2.35 lakh crore for the 2020-’21 fiscal year, the Ministry of Finance had said on Thursday.The Centre had released over Rs 1.65 lakh crore as Goods and Services Tax compensation to states for the 2019-’20 financial year, including Rs 13,806 crore for March.
A PMI value above 50 signifies expansion of economic activity. Taking a swipe at Sitharaman over the remarks, Chidambaram said, "If the pandemic is an Act of God', how do we describe the mismanagement of the economy during 2017-18, 2018-19 and 2019-20. Again, the entire financial burden falls on the StatesThe central government is absolving itself of any financial responsibility. Something shifted in me during that car ride that has left me changed. It is more market borrowing, only by a different name. (File photo: ANI)NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said that the economy is facing an extraordinary 'act of God' in form of the coronavirus pandemic which may result in contraction in India's growth for the current fiscal. Finance Minister Nirmala Sitharaman on Thursday said the economy has been hit by the COVID-19 pandemic, which is an ‘Act of God’, and it will see a contraction in the current fiscal. Purchasing Managers’ Index (PMI) for manufacturing was recorded at 52 in the month of August. ... God would then make sure that the money given in sacrifice would never be missed."
“If the pandemic is an ‘Act of God’, how do we describe the mismanagement of the economy during 2017-18 2018-19 and 2019-20 BEFORE the pandemic struck India?” Chidambaram asked.
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