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Rahul Gandhi alleges monetization plan will benefit only “2-3 private players”; pulls political attack against BJP

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Rahul Gandhi alleges the Centre’s National Monetisation Pipeline of benefiting only “2-3 private players”, and that the privatization contradicts the BJP’s claim that the successive Congress rule hasn’t brought any development in 70 years.

Rahul Gandhi criticizes the Modi government over the monetization plan

Rahul Gandhi

On Tuesday, the Congress party brought up the Centre’s National Monetisation Pipeline while led by Rahul Gandhi. Alleging that the monetization move will only help “2-3 private players” and that the whole plan contradicts BJP’s claims that there hasn’t been any development brought by Congress rules for several decades.

Accuses have also been made that the government is trying to sell these assets now to cover its mismanagement of the economy.

Furthermore, Mr. Gandhi attacks Prime Minister Modi’s government over this plan, he says that “only a few businesses will be left” which will result in a decline of employment opportunities.

The Congress General Secretary also says that he wants to tell the youth about what the country is selling and show them which assets are going to whom while listing out the various infrastructures that will be monetized according to his assumptions.

Mr. Gandhi says, “This is being sold 2 to 3 private players…I spoke on Corona all of you laughed and you saw, and I am saying this will have a huge impact on the future of this country.”

About the ₹ 6 lakh crore monetization plan

On August 23, the ₹ 6 lakh crore monetization plan was unveiled by Union Finance Minister Nirmala Sitharaman which aims at “unlocking value” which involves private companies from several infrastructure sectors. Installations, including 25 airports, 40 railway stations, and 15 railway stadiums have been identified to get private investments.

While Mr. Ganshi warns the sector’s employees by citing an example of assets in “railways, ₹ 1.5 lakh crore”, and how such a move has the potential to harm them.

Furthermore, he also emphasizes “warehousing, ₹ 29,000 crores”, and adds that all of the mentioned assets will be going to only one company at the end of the day.

However, it is already a known fact how the Congress leader often attacks the Prime Minister over his close relation with business conglomerates, such as the Adani group and the Mukesh Ambani-led Reliance Industries.

Also Read: India overtakes the US as world’s second most attractive manufacturing hub; China maintains 1st position

Congress claps back at BJP

Rahul Gandhi

The BJP has always been critical regarding Congress’ work after independence, claiming that the opposition party has not made any sort of progress since Independence.

“The BJP’s slogan was that there had been no development in 70 years. Yesterday the Finance Minister announced a decision to monetize all the assets built in the past 70 years,” Mr. Gandhi says.

Sashi Tharoor, party leader, also takes a dig at the National Monetisation Pipeline as he tweets that the BJP must at least acknowledge what the Congress government has built for this nation

Referring to the monetization plan itself, senior Congress leader and former Union Finance Minister P Chidambaram said there had been no criteria or goals for such a big exercise.

“Have they consulted stakeholders, the unions, etc? All this was hatched in NITI Ayog. Can this be the sole goal, to get money through rent? To get 1.5 lakh crore?”

“This is a grand closing down sale. Virtually, there won’t be any public sector undertakings left after the proposed ‘roads-to-railways’ monetization plan of the BJP government.”

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