'Put money in the hands of the poor'

May 15, 2020 11:16

Adar Poonawalla, CEO of the Serum Institute of India, has a point to make on the government's stimulus package. He tweets: "Why can't we put funds in the hands of people and SMEs directly instead of lending money which may never get lent. There is more money lying with banks, given by RBI, that is not being lent out. Spending is what will revive the economy and not just lending. @nsitharaman @PMOIndia"

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