‘Scandalous, daylight robbery’: P Chidambaram attacks Modi govt over monetisation of public assets

Former finance minister and senior Congress leader P Chidambaram on Friday lashed out at Prime Minister Narendra Modi-led BJP government at the Centre over its decision to monetise the underutilised public assets.

Terming the ‘National Monetisation Pipeline’ a daylight robbery, Chidambaram said that the Centre is selling all that has been built over 70 years.

“Assets are giving a current revenue. FM says – I’ll get Rs 1.5 Lakh Cr. But she should also say what’s the current revenue. Suppose for the sake of argument, current revenue is Rs 1.6 lakh crore,” ANI quoted the Congress leader as saying.

“She’ll privatise it and get only Rs 1.5 lakh crore. Assume the current revenue is Rs 1.3 lakh crore, she’s only getting an additional Rs 20,000 crore. For the sake of Rs 20,000 crore, you’ll sell all that has been built over 70 years? This is scandalous. This is daylight robbery,” Chidambaram added.


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