Congress MP Rahul Gandhi came down heavily on the government over its proposed monetisation of public assets. Rahul Gandhi, in his press brief, empathised that this monetisation policy would give rise to monopoly. It would diminish job opportunities.
Rahul Gandhi, at the outset, criticised the Prime Minister for selling the jewels of the country. The informal sector would be hit the most while rising unemployment has the potential to destabilise the country. Youth are unable to find jobs because entire small and medium enterprises have been wiped out.
MP Rahul Gandhi clarified, he was not against privatisation and exemplified how the UPA government systematically carried out the privatisation while strategic assets, like railways, were not touched.
These critical assets were created over the 70 years with the taxpayers’ money but now could be owned by three to four selected people. During the UPA era, only chronically ill assets with the lowest market shares were privatised, stated Rahul Gandhi.
Rahul Gandhi further equated the move of the Modi government with the British East India Company and spelt PM Narendra believes in saving the nation by facilitating monopolies. The country could witness a rise in anger and violence. PM Narendra Modi has become a sort of medium to carry out the business of such people.
He lambasted the Prime Minister for working for a few people rather than the entire people of the country. Modi government has messed the economy, and it does not know how to fix it. The government is selling assets the UPA government created.
He also brought out how he was ridiculed when he anticipated the COVID catastrophe in India.
No one was consulted before coming up with such policy which was secretly designed, in the rechristened NITI Aayog, the former Finance Minister P Chidambaram quoted.
The government has announced a Rs 6 lakh crore plan to monetised public infrastructures across the country. The project is expected to be completed over the next four years. The government, while announcing, said it is bringing in private sectors for better operations and maintenance.
National Monetisation Plan encompasses National Highways, Railways, Telecom, Warehouses, Power, Gas and pipelines and others. Under this ambitious project, 26,700km of Highways, 90 passenger trains, 400 railway stations, 28,608 circuit km transmission lines, 286,000km of Bharatnet fibre network and 14,917 towers held by Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telecom Nigam (MTNL) would be leased to private entities.