New Delhi: Centre’s statement of being unable to specify quantum proceeds from sale of public assets, signals to its collusion with corporates on this front. The central government that speaks of transparency and competency on one hand,, is not willing to let the nation know how much money is being recieved or what safety there is for the proceeds. The strategy in effect is to sell off national assets at throwaway prices amid covid and the resultant slowdown in economy.
Anticipatory Bail
The government is bailing itself beforehand by stating the sale proceeds would be lower than estimated earlier and the reasons arrayed for that reduction are rather strange. Provisions relating to transfer of these assets, auction to bidders, quality and value of the assets, rates of the assets etc lack uniformity. Also, there is no confirmation whether investments toward public-private partnership model will happen in time. Some public sector units may not score the revenue anticipated earlier, while others might fetch more money than predicted, reads the statement.
Looting the public : Yechury
The Modi government is setting stage for corporates to loot the public, said CPI(M) General Secretary Sitaram Yechury. With Corporates procuring roads and railways, toll levy will become all pervasive. Rail ticket fares will rise sharply. In the end, not only will the nation get sold, the public will become looted as well, said Yechury.
