Congress panel holds its first meet, expresses concern over financial system – india information

2020/11 21 23:11

The newly shaped Congress panel on financial affairs met on Saturday to debate the state of the nation’s financial system and the influence of the Covid-19 pandemic on it, folks conscious of the event mentioned.

The panel on financial affairs, headed by former PM Manmohan Singh, held its introductory assembly and mentioned the general state of the financial system, expressing concern that for the primary time it has gone right into a recession. The opposite members of the committee are former Union ministers P Chidambaram, Mallikarjun Kharge and Jairam Ramesh, who can also be its convener, and former Madhya Pradesh CM Digvijaya Singh.

A Congress functionary mentioned the leaders in the course of the assembly mentioned the technique to be adopted by the get together in placing stress on the federal government to revive the financial system.

Congress leaders asserted that the federal government ought to provoke steps to revive the financial system with honest and remunerative costs to farmers for his or her produce; implementation of the NYAY scheme to place cash within the fingers of the poor; and creation of jobs because the unemployment price stood at 6.four%, other than giving extra money to the states. The Nyay scheme, a form of common fundamental revenue programme, was a part of the Congress’ manifesto within the 2019 Lok Sabha ballot.

Aside from this panel, Congress president Sonia Gandhi on Friday additionally shaped committees on overseas affairs and nationwide safety.

Within the panel of overseas affairs, Singh might be assisted by former Union ministers Anand Sharma, Shashi Tharoor and Salman Khurshid in addition to Saptagiri Sanka Ulaka, a Lok Sabha member from Koraput in Odisha. Khurshid has been named its convener. Manmohan Singh may even head the panel on nationwide safety. Its members are Azad, former Union minister M Veerappa Moily, Vincent H Pala, a Lok Sabha member, and V Vaithilingam, a former chief minister of Puducherry who represents Puducherry within the 17th Lok Sabha. Pala is its convener.

Gandhi additionally accommodated Ghulam Nabi Azad, and Shashi Tharoor, who had been among the many 23 signatories of a letter to the get together president in August this 12 months looking for an organisational overhaul, within the panels.

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