Hyderabad: Central package won't benefit Telangana, says Vinod

Hyderabad: Stating that the package announced by Union Finance Minister Nirmala Sitaraman was disappointing, Telangana State Planning Board Vice Chairman B Vinod Kumar on Thursday said that the Centre was playing to gallery.

The Planning Board Vice Chairman said that Thursday's measures were not going to help Telangana in any manner and they were only aimed at the northern and eastern states.

He alleged that Centre had not consulted States on implementation of these schemes nor did they announce how they were going to monitor the implementation of these schemes. Vinod further said that the announcements by Union Minister were mostly about farmers and migrant labour.

The measures were mostly disappointing as most of them were credit linked by banks which are busy with their own problems after COVID lockdown situation.

Bankers would be now fully preoccupied with their year-end audit and finalization of their accounts for the financial year 2019-20 till June 30.

It is not possible for them at this juncture to support these credit-linked relief measures on an immediate basis. Regarding migrant labour, Vinod Kumar said that most of them already headed back to their native places and one is not sure when they would return to their work places.

Even MNREGS support scheme for migrant worker can be theoretically implemented only in the northern and eastern states, but not in the southern and the western states.