NMP Row | Nothing Will Be Sold Off: FM Sitharaman Counters Rahul Gandhi

Nirmala Sitharaman said the government will not give away ownership of assets under the asset monetisation plan.

File Photo: Nirmala Sitharaman, Union Finance Minister

(Photo: PTI)

Rebutting Congress leader Rahul Gandhi's criticism of the National Monetisation Pipeline, Finance Minister Nirmala Sitharaman on Wednesday, 25 August said that the government will not give away ownership of assets under the asset monetisation plan and they will be mandatorily handed back to the government.

Addressing the media in Mumbai on Wednesday, Sitharaman hit out at the opposition citing monetisation processes undertaken under by the Congress-led UPA government.

Citing the example of the New Delhi Railway Station, she took a barb on the Congress and said: "Who called the RFP (request for proposal) on it? Is it owned by 'Jijaji' now!"

"We are not selling off, there will be a strict handing back," she said.

A day after the government unveiled the National Monetisation Pipeline (NMP) worth Rs 6 lakh crore, former Congress President Rahul Gandhi on Tuesday accused Prime Minister Narendra Modi of bringing the process of selling the "crown jewel" assets built by his party in last 70 years.

He also contended that the Congress is not opposing the privatisation process but "the entire NMP is designed to create a monopoly".

Addressing a press conference at the party headquarters along with former Finance Minister P. Chidamabaram, Gandhi had said: "The Prime Minister and the BJP said that the Congress had done nothing in last 70 years. There is a list here of all the assets that the Congress has helped build using the public money."