Expanding credit will not raise consumption: Congress

FinMin’s measures will not tackle unemployment, inflation, says principle opposition party The Congress on Monday, reacting to Finance Minister Nirmala Sitharaman’s fresh economic announcements, said expanding the credit opportunities wont help in generating new demand or tackle growing unemployment. “Credit guarantee schemes have not guaranteed revival since India’s economic downturn. FM @nsitharaman needs to realise …

Expanding credit will not raise consumption: Congress Read More »