In recent months, India has been reeling under the COVID-19 pandemic. For over two months, there had been a pan-India lockdown that saw most stores and others public spaces shut, and people were urged to stay home. Even today, while the gradual unlocking process has been taken up, many industries continue to be under restrictions.
On Thursday, following a five hour meeting with the GST Council, officials too painted a grim picture. Calling the COVID-19 pandemic an "act of God" Finance Minister Nirmala Sitharaman said that it could lead to a contraction of the economy this fiscal.
"Annual GST compensation requirement is estimated to be around ₹ 3 lakh crore, and cess collection is expected to be around ₹ 65,000 crore, leaving us with an annual compensation gap of ₹ 2.35 lakh crore," the Revenue Secretary said.
Needless to say, netizens are not happy with the situation. While some expressed consternation with the situation, others were quick to criticise the way the pandemic has been handled. Some also brought out earlier comments that had suggested the situation was under control.
Others took a swipe at the Prime Minister, citing the recent comments made by a BJP leader who had said that Modi was the 11th Avatar of Lord Vishnu.
Take a look at some of the posts:
