Centre has officially announced 'sale' of India, says CPI(M) on NMP

The CPI(M) on Tuesday alleged that the Centre with its decision to monetise its assets across key sectors has "officially" announced the "sale of India"

Communist Party of India (Marxist), CPI (M
Photo: Shutterstock
Press Trust of India New Delhi
1 min read Last Updated : Aug 24 2021 | 8:26 PM IST

The CPI(M) on Tuesday alleged that the Centre with its decision to monetise its assets across key sectors has "officially" announced the "sale of India".

Finance Minister Nirmala Sitharaman on Monday had unveiled an ambitious Rs 6 lakh crore National Monetisation Pipeline (NMP) that included unlocking value by involving private companies across infrastructure sectors -- from passenger trains and railway stations to airports, roads and stadiums.

"The central government has officially announced the sale of India. The National Monetisation Pipeline released by the finance minister yesterday details the loot of our national assets and infrastructure. This is an outright plunder of people's wealth?" the CPI(M) said.

The Left party also alleged that this was like "selling family silver" to meet daily expenditure of the country which "makes neither economic nor common sense".

"Selling assets for a song when the markets are low benefits only crony corporates and promotes crony capitalism. The politburo of the CPI(M) calls upon the people of India to protest against and resist this loot of our national assets," it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Communist Party of India (Marxist)privatisationDisinvestment

First Published: Aug 24 2021 | 8:26 PM IST

Next Story