In a series of tweets, he said it is the ninth day since the miserly FAP I (financial assistance plan) was announced by finance minister Nirmala Sitharaman and asked where is the promised FAP II.
“In my view, FAP II must address the gaps and shortcomings in FAP I and the needs of the categories that were completely left out earlier,” Chidambaram said.
“Government is hopelessly under-funding the fight against the epidemic. Under-funding will exacerbate the situation and the money spent may turn out to be a waste. Dr Jahangir Aziz has already warned the government in this regard,” the former finance minister asserted.
The government must immediately shed its inhibitions and timidity and announce that it will fund the battle with Rs 5-6 lakh crore, he said on Twitter, tagging the Prime Minister, the PMO and the office of the finance minister.
It is the 9th day since the miserly FAP I was announced by @nsitharaman. Where is the promised FAP II ? In my vie… https://t.co/eezRdFuQbv
— P. Chidambaram (@PChidambaram_IN) 1585814425000
Sitharaman had last week announced an economic package of Rs 1.70 lakh crore with a focus on marginalised sections amid the coronavirus lockdown.