Amit Mitra writes to Nirmala Sitharaman on distress faced by common people, suggests demand simulation
The Hindu
The Bengal Finance Minister also said in the letter than unprecedented reverse migration of workers is taking place in India today, from factories to farms
West Bengal Finance Minister Amit Mitra has written a letter to Union Finance Minister Nirmala Sitharaman on the distress faced by common people, where he has highlighted issues like "chronic unemployment, reverse migration of workers, persistent inflation and collapse of private consumption" among others. “ I would like to draw your kind attention to the deep distress that common people of the country are facing today. This distress is likely to deepen further over the coming year,” Dr. Mitra said at the very outset in the letter. The West Bengal Finance Minister, while highlighting the issue of unemployment, said that in August 2021, unemployment rate has shot upto 8.32 % ( as per GOI data) which implies that 3.6 crore people are jobless today. “In other words, 36 million people have no jobs and no earnings. This is one and half times of entire population of Australia,” Dr. Mitra pointed out.More Related News