Thakur Balwan Singh, Former MLA and General Secretary JKPCC , while addressing a press conference at Reasi, said that the big lie has been exposed. For the last seven years, Mr Narendra Modi and his ministers have vociferously denounced the Congress governments (and all other previous governments including, ironically, Atal Bihari Vajpayee’s) for “doing nothing and building nothing for 70 years”. It was as if India had attained Independence only in May 2014. On August 23, 2021, the Finance Minister released a list of assets that were proposed to be ‘monetised’. However, she failed to disclose when those assets were built. The answer is, during the maligned ‘70 years’!
The programme was organized by President District Congress Committee Reasi Shri Rajesh Sadhotra and Dist. Chairman Seva Dal Madan Lal.
He said that there is a genuine concern that the NMP which lead to monopolies (or, at best, duopolies) in key sectors such as ports, airports, solar power, telecom, natural gas pipeline, petroleum pipeline and ware housing. He raised serious questions on the process and manner in which Modi Govt. operates reflecting it as a conspiratorial manner, as there were no discussions in the Parliament, there was no draft paper on NMP, there were no consultations with the stake holders, especially the employees and trade unions and the policy was hacked in secrecy and announced suddenly.
Referring the long list of assets proposed to be monetized by the Central Govt., the Senior Congress leader said that by a stroke of pen, Mr. Modi and his Finance Minister have threatened to reduce India’s Public Sector assets to near zero. They claimed that the Govt. will collect a rent of 1.50, 000 crore as rent per year and hold on to a piece of paper that it is the owner of the assets. They also boost that the assets will return to the Govt. at the end of the transfer period.
Pointing out glaring absence of criteria in the collection of PSUs brought under the NMP, he said that the annual revenue currently being yielded by the choosen assets , has not been disclosed, there is no clarity on jobs and reservations, whether the present number of jobs in the monetized units will be maintained and eventually enhanced ? will reservation of SC, ST and OBCs be maintained or abolished, he questioned .
Th. Balwan Singh said that the prices of essential commodities has been sky rocketing and there is every possibility that the prices will rise in many sectors, as once monetized , the PSUs will ceased to be price stabilizer in the market. There is down to be price fixing and cartelization. This has been count to be true in the so called competitive market in cement. Even the united kingdom was shaked to find it true in the banking industry, he added.
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