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HomePoliticsLegalised loot, organised plunder, says Congress on Centre's National Monetisation Pipeline

Legalised loot, organised plunder, says Congress on Centre’s National Monetisation Pipeline


The Congress on Tuesday described the federal government’s infrastructure monetisation plan as “legalised loot and organised plunder”, alleging that invaluable public belongings created over many years are being handed over to a selected few.

The federal government is making a gift of belongings value crores comprised of the arduous work of the individuals to its billionaire “buddies”, the Congress additional alleged.

“First got here the demonetisation catastrophe, which Dr Manmohan Singh rightly described as ‘organised loot and legalised plunder’.

“Now comes monetisation mela — invaluable public belongings created over many years given away to a selected few. That is legalised loot and organised plunder,” senior Congress chief Jairam Ramesh stated.

Congress basic secretary Priyanka Gandhi Vadra alleged the federal government is giving the “jumla of Aatmanirbhar (rhetoric of self-reliance)” however has made the nation depending on its “billionaire buddies”.

“Whereas giving the ‘jumla’ of ‘Aatmanirbhar’, they’ve made your complete authorities depending on ‘billionaire buddies’. All of the work for these billionaire buddies and all of the wealth additionally for them,” she stated in a tweet in Hindi.

“This authorities is making a gift of belongings value lakhs of crores comprised of the arduous work of the individuals of the nation within the final 70 years to its billionaire buddies,” the Congress basic secretary added.

Congress chief spokesperson Randeep Surjewala alleged that underneath the BJP, the nation’s belongings won’t be saved.

“Sale of nation’s properties value Rs 6 lakh crore — roads, rail, mines, telecom, energy, fuel, airports, ports, sports activities stadium…Modi ji will promote every part from the earth to the sky. If there’s BJP, the belongings of the nation won’t be saved,” he stated in a tweet in Hindi, utilizing the hashtag “#StopSellingIndia”.

Finance Minister Nirmala Sitharaman unveiled the National Monetisation Pipeline (NMP) on Monday that included unlocking worth by involving non-public corporations throughout infrastructure sectors — from passenger trains and railway stations to airports, roads and stadiums.

As many as 25 Airports Authority of India (AAI) airports, together with those at Chennai, Bhopal, Varanasi and Vadodara, in addition to 40 railway stations, 15 railway stadiums and an unidentified variety of railway colonies have been recognized for getting non-public investments.

Stating that there isn’t a switch of possession or land, she stated, “The NMP talks about brownfield infra belongings the place investments have already been made, the place there’s a accomplished asset which is both languishing or which is remaining not absolutely monetised or which is remaining underutilised.”



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