Former Minister Sat Sharma (CA) hailed Hon’ble PM Narendra Modi led Central Government’s decision of announcing Rupees 1.7 lakh crore economic relief package for people across nation. He said this will be a game changer and will surely boost the morale of people across country.

Citing various points of the economic package, Sharma said that it was indeed a big step to revive economy at this stage when the whole worldis fighting with the impact of Corona Virus (COVID-19). He said Centre broughta slew of economic measures to support the people to survive through Coronascare. Enumerating major points of package he stated that free LPG cylinders to8.3 crore BPL families will be provided under Ujjwala Yojana, Rupees 50 lakhsMedic insurance per person to medical workers, Rupees 31000 crore fund tobenefit construction workers which constitutes nearly 3.5 crore people,Collateral free loans upto Rupees 20 lakhs for self help group women for nearly7 crore women, Rs 2000 direct transfer to accounts of 8.7 crore farmers, free ration for people, Contribution of government in Provident Fund of employeesand other things show that Central government is very much concerned about the welfare of masses and direct transfer will provide for necessary support inthese tough times.Sharma also hailed the decision of RBI (Reserve Bank ofIndia) for safeguarding the economy by cutting 75 basis points in repo ratesand bringing it down from 5.15% to 4.40 % now. He said RBI has taken many giantsteps which will see that the businesses don't go bankrupt owing to cash flowproblems and such an announcement will improve liquidity, reduce cost of fundsand will help middle class and business establishments as well.

He also appealed the masses to stay at their homes and alsorequested them to not to create any sort of panic on this situation as theCentral Government has already announced that there will be no shortage ofessentials in market and every possible work is being done to overcome theproblems.