Offloading of shares of public sector undertaking (PSU) NTPC, India's largest power company, in the stock market would lead to a scam, CPI(M) General Secretary Prakash Karat said today.
"Right now, NTPC shares are being offloaded in the stock market. Some of you would have seen that NTPC’s share price in the market has dropped sharply. There is going to be another scam," Karat said at a press conference here.
Claiming the government was planning to sell shares in 60 central PSUs that would be shortlisted in the stock market in the next two years, he said "this aggressive disinvestment drive is being undertaken to bridge the fiscal deficit which has reached nearly seven per cent of the GDP."