Congress MP Jairam Ramesh has strongly criticised Prime Minister Narendra Modi over the recent fall in PSU stocks
New Delhi: In response to the recent decline in Public Sector Undertaking (PSU) equities, Congress MP Jairam Ramesh harshly criticized Prime Minister Narendra Modi on the social media platform X.
“The PM has been emphasizing PSU’s rising stock prices for a while now, claiming that this shows his government’s strong commitment to the public sector. Now, PSU’s stock prices have plummeted,” Ramesh stated.
He continued by accusing the government of deceiving the public, saying that investors now recognize the PM’s assertions to be “largely bogus.”
“Investors have realized that the PM’s claims are largely bogus,” the author said. We are finding intrinsic qualities that have been severely damaged during the last ten years.
Ramesh also drew attention to what he believes to be the real goal of the Modi administration’s public sector policies.
“The Modi government has one agenda: to dismantle the public sector and hand over public sector companies to its favored few,” he said.
Rahul Gandhi, the Congress politician and politician of the Opposition in the Lok Sabha, criticized the center for its privatization plans after a meeting with representatives of Public Sector Undertakings (PSUs) at the Parliament Complex in Delhi last December.
Rahul Gandhi had said that a “select group of capitalists” were receiving national assets and that the government was determined to privatize even the successful PSUs.
“Leader of the Opposition Rahul Gandhi met people associated with Public Sector Undertakings (PSUs),” the Congress party said on its official X account. Even the lucrative PSUs will be privatized, according to the Modi administration.
“Selected capitalists are receiving the nation’s assets. From the streets to Parliament, we have been speaking out against this problem, and we will keep doing so,” the message said. Priyanka Gandhi, the leader of the Congress, attended the conference as well.
