Home / Mumbai / Mumbai News / Article / Asset monetisation scheme daylight robbery: Chidambaram

Asset monetisation scheme daylight robbery: Chidambaram

Former FM says the big-ticket policy will create a monopoly of a select few over the assets that have been created in the past 70 years

Listen to this article :
Chidambaram said the Konkan Railway is among the assets that the Modi government plans to monetise under the policy. Pic/Konkan Railway

Chidambaram said the Konkan Railway is among the assets that the Modi government plans to monetise under the policy. Pic/Konkan Railway

Former finance minister P Chidambaram said the national monetisation pipeline scheme is a daylight robbery and scandal involving the Narendra Modi government.  He said that the Centre would end up creating a monopoly of a select few over the assets that have been built over the past 70 years.

Chidambaram addressed a media conference on Friday at the Mumbai Congress head office. He said the Congress-led UPA did not privatise core assets and followed certain criteria for disinvesting. “It’s a daylight robbery and a scandal. The Konkan Railway and Mumbai-Delhi freight corridor will be up for sale. Under the UPA government, railways were identified as a strategic sector. Has the government decided railways will no longer be considered a strategic sector?” asked the Congress leader, urging the people to be aware of this danger and protest against the upcoming policy.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Maharashtra: Solution for OBC quota in sight

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement