Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Narendra Modi
Shiv Sena
Devendra Fadnavis
Nupur Sharma
Eknath Shinde
Bharatiya Janata Party (BJP)
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Politics News / Congress never monetized core, strategic assets: Chidambaram on NMP
Politics

Congress never monetized core, strategic assets: Chidambaram on NMP

Congress never monetized core, strategic assets: Chidambaram on NMP
Written by Varnika Sharma
(Sourced from PTI)
Sep 03, 2021, 02:17 pm 2 min read
Congress never monetized core, strategic assets: Chidambaram on NMP
P Chidambaram demanded that the Centre reveal the current revenue from the assets it plans to sell

Former Union finance minister P Chidambaram on Friday slammed the Centre's National Monetisation Pipeline (NMP), saying his Congress party monetized non-core, loss-making assets when in power, in stark contrast to what the Narendra Modi-led government proposes to do. Chidambaram said, "Congress never sold off strategic assets. We always ensured that there's no monopoly in monetization as we chose assets based on criteria," he said.

Provisions
This is a day-light robbery of assets: Chidambaram

Chidambaram asked the government if provisions will be included in the Invitation to Bid (ITB) to ensure the monetization process doesn't create monopolies or duopolies in the sector. "What provisions will be included to prevent monopolies emerging in ports, airports, telecom, and power sectors," he asked. "What the Modi government plans are a day-light robbery of assets which took years to build," he said.

Demand
Centre should reveal current revenue of such assets: Chidambaram

Issuing a list of 20 questions to the Modi government, Chidambaram demanded that the Centre reveal the current revenue from the assets it plans to sell. "Konkan Railway and Delhi Mumbai freight corridor will also be sold," he said, adding the announcement was made without discussions and consultations and to avoid parliamentary debate.

Objectives
He also asked the objectives of NMP

Chidambaram asked the government to reveal the value of assets that will come back to the government after a period. What are the objectives of the National Monetisation Pipeline? Is the sole objective raising revenue over a four-year period, he asked. "What will be the interest of the party in maintaining the assets if it is not the owner," he asked.

Other details
People should raise their voice: Chidambaram

Chidambaram said, "In listing the assets to be monetized, the government has acknowledged the work done in the last 70 years. A big lie has been exposed by its own list." He said people should raise their voices against the danger of selling assets. Asked if Congress plans to challenge the government legally, he said so far only a policy announcement has been made.

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Varnika Sharma <br/><i>(Sourced from PTI)</i>
Varnika Sharma
(Sourced from PTI)
Twitter
Varnika Sharma is a lifestyle writer at NewsBytes. She started her career with NewsBytes and her work has focused on national and lifestyle news. She has a Bachelor’s degree in Journalism and Mass Communication from Bennett University, Noida, and an advanced diploma in Media Laws from NALSAR University of Law, Hyderabad.
Latest
Narendra Modi
Nirmala Sitharaman
P Chidambaram
Congress Party
Related
Latest
Malayalam actor Sreejith Ravi booked under POCSO Act
Malayalam actor Sreejith Ravi booked under POCSO Act Entertainment
Channelize your inner Marie Kondo, discard what you don't need
Channelize your inner Marie Kondo, discard what you don't need Lifestyle
What is Apple's 'Lockdown Mode' and how does it work?
What is Apple's 'Lockdown Mode' and how does it work? Technology
Meet Punjab CM Bhagwant Mann's wife Dr. Gurpreet Kaur
Meet Punjab CM Bhagwant Mann's wife Dr. Gurpreet Kaur India
#NewsBytesExplainer: How does India elect its vice president?
#NewsBytesExplainer: How does India elect its vice president? Politics
Narendra Modi
Mukhtar Abbas Naqvi resigns as Union Minister for Minority Affairs
Mukhtar Abbas Naqvi resigns as Union Minister for Minority Affairs Politics
Why is BJP reaching out to Pasmanda Muslims? Who're they?
Why is BJP reaching out to Pasmanda Muslims? Who're they? Politics
Caught on camera: Amravati killers murdered chemist in 2nd attempt
Caught on camera: Amravati killers murdered chemist in 2nd attempt India
Ex-judges, veterans slam SC judges' observations on Nupur Sharma
Ex-judges, veterans slam SC judges' observations on Nupur Sharma India
Udaipur killers crafted knives themselves to behead tailor Kanhaiya Lal
Udaipur killers crafted knives themselves to behead tailor Kanhaiya Lal India
More News
Nirmala Sitharaman
New GST rule: What gets cheaper, what's costlier?
New GST rule: What gets cheaper, what's costlier? Business
#NewsBytesExplainer: How 1% TDS on cryptocurrency transactions will be levied
#NewsBytesExplainer: How 1% TDS on cryptocurrency transactions will be levied Business
GST Council's two-day meet starts today: Details here
GST Council's two-day meet starts today: Details here Business
CBI books DHFL's Wadhawans in Rs. 34000-crore bank fraud case
CBI books DHFL's Wadhawans in Rs. 34000-crore bank fraud case India
Rajya Sabha polls: BJP clinches Karnataka, Haryana; Congress bags Rajasthan
Rajya Sabha polls: BJP clinches Karnataka, Haryana; Congress bags Rajasthan Politics
More News
P Chidambaram
Delhi: Chidambaram suffers rib fracture during Congress protest against ED
Delhi: Chidambaram suffers rib fracture during Congress protest against ED Politics
ED to again grill Rahul Gandhi today amid Congress's protests
ED to again grill Rahul Gandhi today amid Congress's protests India
Ghulam Nabi Azad refuses to be 'no. 2' in Congress
Ghulam Nabi Azad refuses to be 'no. 2' in Congress Politics
CBI took classified papers during raids: Karti to LS Speaker
CBI took classified papers during raids: Karti to LS Speaker Politics
CBI raids P Chidambaram's son Karti Chidambaram in 'bribe-for-visa' case
CBI raids P Chidambaram's son Karti Chidambaram in 'bribe-for-visa' case India
More News
Congress Party
MP: Tribal woman set ablaze over land dispute in Guna
MP: Tribal woman set ablaze over land dispute in Guna India
BJP's Rahul Narwekar elected Maharashtra Assembly Speaker, defeats Sena's Salvi
BJP's Rahul Narwekar elected Maharashtra Assembly Speaker, defeats Sena's Salvi Politics
Udaipur tailor's killers tried to infiltrate BJP; party refutes claim
Udaipur tailor's killers tried to infiltrate BJP; party refutes claim India
Maharashtra: Fadnavis to announce next move as Uddhav resigns
Maharashtra: Fadnavis to announce next move as Uddhav resigns Politics
Sonia Gandhi's 71-year-old personal secretary PP Madhavan accused of rape
Sonia Gandhi's 71-year-old personal secretary PP Madhavan accused of rape Politics
More News
Related
Modi selling crown jewels of India: Rahul Gandhi on NMP
Modi selling crown jewels of India: Rahul Gandhi on NMP Politics
Sitharaman launches National Monetization Pipeline to monetize under-utilized assets
Sitharaman launches National Monetization Pipeline to monetize under-utilized assets Business
Next News Article
Next News Article

Love Politics news?

Subscribe to stay updated.

Politics Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022