In a COVID-19 fueled debt crisis, NS has launched a rental housing scheme that would cover the urban poor and migrant workers under PMAY. How is increasing the level of indebtedness of the poor going to reform the economy? https://www.livemint.com/news/india/govt-to-launch-affordable-rental-housing-scheme-11589455581562.html">https://www.livemint.com/news/indi...

And of course, investing a whole 70,000 crores in an unproductive sector is definitely NOT a good idea, especially during a time when the economy is so strapped.

Succinctly put: https://twitter.com/SaketGokhale/status/1260939533970927622">https://twitter.com/SaketGokh...

This thread also emphasizes how this is a repackaged scheme and has nothing to do with an economic stimulus: https://twitter.com/kaul_vivek/status/1260923776436301825">https://twitter.com/kaul_vive...

@kaul_vivek writes here on why this is NOT a stimulus: https://www.firstpost.com/india/six-reasons-why-the-fiscal-package-is-more-about-putting-peoples-own-money-into-their-hands-than-actually-kickstarting-crippled-economy-8366251.html">https://www.firstpost.com/india/six...