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  • Sun. Dec 22nd, 2024

Chidambaram knocks federal government, asks why RBI is infusing liquidity

Chidambaram knocks federal government, asks why RBI is infusing liquidity

BRAND-NEW DELHI:

Former Union financing minister

and senior Congress leader

P Chidambaram

, on Saturday, slammed the central federal government and questioned why the Reserve Bank of India (RBI) is infusing more liquidity as the development in fiscal year 2020-21 is headed towards negative territory.

In a series of tweets, Chidambaram stated, “RBI Guv says need has actually collapsed, development in 2020-21 headed toward unfavorable area. Why is he then infusing more liquidity?”

The former minist

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