Trouble in central economy due to strict lockdown of central government: Supreme Court

New Delhi. The lockdown was announced by the central government due to Corona virus in the country, due to which the country’s economy suffered greatly. During the hearing of the loan moratorium case, the Supreme Court said today that the problem in the country’s economy is due to the strict lockdown imposed by the central government. The Supreme Court asked the central government to clear its stand on the delay in filing the dues of coal and the affidavit. The Supreme Court bench said that you should clear your stand. You say that RBI took the decision, we have seen the answer of RBI, the center is hiding behind RBI.

In fact, banks are charging interest on the loan moratorium given by the central government during the lockdown, a petition has been filed against it in the Supreme Court. A hearing was held in the Supreme Court today. Explain that the Reserve Bank of India had announced a 6-month loan moratorium in two separate installments and allowed people not to pay EMIs. The moratorium on loan expires on August 31.

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