Congress supports competitive banking sector: Rahul

Congress supports competitive banking sector: Rahul

Congress President Rahul Gandhi. (File Photo: IANS)

New Delhi, April 18 (IANS) Congress President Rahul Gandhi on Thursday said his party affirms its belief in the competitive banking sector and promised that it will merge all the public sector banks and create six-eight big banks, if his party is voted to power.

"Congress affirms its belief in the competitive banking sector. Congress will merge all the public sector banks and create six-eight big banks," Gandhi said in his Facebook post.

He further added that "Congress will review the system of running government banks, and to make it competitive, healthy, efficient and profitable, an 'independent commercial banking organisation' will be created".

He also promised to encourage new banks to provide long-term credit facilities to development and infrastructure projects.

In his other post, he promised to improve education, health and housing facilities to the Central Armed Police Forces (CAPF) personnel and their families.

As CAPF is the first line to protect our borders, Gandhi assured that his party will make them equal to the rank of armed forces.

He also promised to open schools for children of CAPF personnel.

--IANS

ak/nir

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)