FM hits back at Rahul's comments, says UPA 'privatised taxpayers money'

Govt will protect the interests of employees in plans to sell state-owned companies, says Finance Minister

Promising that interests of workers and the staff would be protected while privatising public sector units (PSUs), including banks, finance minister Nirmala Sitharaman on Tuesday said that the United Progressive Alliance (UPA) nationalised corruption and privatised taxpayers’ money for the betterment of one family.

This statement was made by the finance minister to counter Rahul Gandhi’s recent tweet where he said that the current government privatised profit and nationalised losses.

He had also said that he stands in solidarity with the striking bank employees, and that the government is selling public sector banks (PSBs) to cronies.

Sitharaman said, “Nationalising corruption and privatising taxpayers’