The former Maharashtra chief minister said that the GDP was 4.2 per cent for 2019-20. (File)
Senior Congress leader Prithviraj Chavan on Thursday said that since the coronavirus pandemic has hit the country's economy, the central government should now present a supplementary budget during the monsoon session of Parliament.
He said that since the pandemic has plunged the country into an economic crisis, the Union budget presented in February has become "irrelevant".
"The finance minister must present a supplementary budget. New revenue streams, taxation and borrowing plans and revised expenditure priorities, cuts in development outlays must be approved by the Lok Sabha," Mr Chavan said in a statement.
The former Maharashtra chief minister said that the GDP was 4.2 per cent for 2019-20.
"On May 22, the RBI Governor had said in a press conference that the GDP will be in the negative. Even international financial institutions like Goldman Sachs, Nomura have said that India''s GDP would be 5 to 7 per cent in the negative," he said.
World
67,69,38,430Cases
62,55,71,965Active
4,44,81,893Recovered
68,84,572Deaths
Coronavirus has spread to 200 countries. The total confirmed cases worldwide are 67,69,38,430 and 68,84,572 have died; 62,55,71,965 are active cases and 4,44,81,893 have recovered as on January 9, 2024 at 10:54 am.
India
4,50,19,214 475Cases
3,919 -83Active
4,44,81,893 552Recovered
5,33,402 6Deaths
In India, there are 4,50,19,214 confirmed cases including 5,33,402 deaths. The number of active cases is 3,919 and 4,44,81,893 have recovered as on January 9, 2024 at 8:00 am.
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