Image Source: Deccan Herald
Bengaluru: Former chief minister H D Kumaraswamy on Monday, April 27, urged the Karnataka Government to work towards lowering the cost of living as the people’s spending power has decreased due to the lockdown.
He also advised the government to impose a COVID cess on the ultra-rich.
In a series of tweets, the Janata Da (Secular) leader said the government should come up with “citizen centric measures like full or partial waivers of EMIs, rents, school fees and other levies”.
“According to RBI and international economic assessment agencies, the GDP growth rate of the country is expected to fall to a historic low. Such a dire situation calls for citizen centric measures like full or partial waivers of EMIs, rents, school fees and other levies,” he wrote in a tweet.
He added that the economy will not bounce back in a short time and urged the government to “lower the cost of living as spending power of the consumer has depleted”.
“…The govt must cut the petrol/diesel prices. The loss of revenue may be offset partially by imposing COVID cess on the ultra rich,” he wrote in another tweet.
The economy won’t bounce back within a very short period. It is important to lower the cost of living as spending power of the consumer has depleted. The govt must cut the petrol/diesel prices. The loss of revenue may be offset partially by imposing COVID cess on the ultra rich.
— H D Kumaraswamy (@hd_kumaraswamy) April 27, 2020
“It is high time the government announced schemes to save livelihoods of people, especially those in the unorganized sector. The government must provide immediate relief to farmers, construction workers, cab & auto drivers, garment workers, etc.,” he added.
With inputs from ANI
