City
Epaper

Privatisation of public sector banks another way to benefit few people, alleges Kharge

By ANI | Updated: March 16, 2021 14:55 IST

Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Tuesday alleged that privatisation of public sector banks is another attempt by the government to benefit a few people.

Open in App

Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Tuesday alleged that privatisation of public sector banks is another attempt by the government to benefit a few people.

"Indira Gandhi nationalised 14 banks. It was intended that the poor should get benefits from the bank. But today these banks are merging one by one. The private sector is being admitted into it. This is another attempt to benefit a few people," said Kharge.

"We always helped the poor. We brought MGNREGA, nationalised banks, carried out land reforms," he added.

Congress leader has also given a zero hour notice in the Upper House over the strike and agitation of bank employees against the proposed privatisation.

"Around 13 lakh employees are associated with the 9 bank unions that are going on strike. There is also a strike on the 18. It is not a good sign for such a large number of workers to go on strike. Around 75 lakh people who are accountable will also be troubled," said Kharge.

"People are upset with the unilateral policy of the government. When there was an economic crisis in the world, India did not get affected because the national banks were doing great work. They were also giving loans to the poor," he added.

United Forum of Bank Union which is an umbrella body of nine bank unions, with over 10 lakh bank employees and officers called a two-day nationwide strike on March 15 and 16, against the privatisation of Public Sector Banks and 'retrograde banking reforms'.

The strike came after Union Finance Minister Nirmala Sitharaman's Budget announcement where she announced the privatisation of two public sector banks (apart from IDBI Bank) as part of the government's disinvestment drive to generate Rs 1.75 lakh crore.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congressindiaUpper HouseIndira GandhiSabhaIndiUk-indiaRepublic of india
Open in App

Related Stories

MumbaiBandra Fort Party Controversy: Viral Video Sparks Political Row as Sena UBT, Congress Question Alcohol Event at Heritage Site; CM Fadnavis Reacts (Watch)

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraSatara Doctor Suicide: Youth Congress Protesters Detained at Mumbai’s Marine Drive (Watch video)

MumbaiBMC Elections 2025: Congress to Contest Independently, Says Vijay Wadettiwar

NationalJubilee Hills Assembly By-Election 2025: Holiday Declared for Schools and Govt Offices; 139 Drones Deployed

Politics Realted Stories

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends

MaharashtraWho Is Akshaya Naik? Shetkari Kamgar Paksha Named Mayoral Candidate of Alibag

NationalMumbai: BJP Workers Protest Outside Abu Asim Azmi’s Home Over Vande Mataram Row