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

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPahalgam Terror Attack: Rahul Gandhi to Visit Srinagar on April 25

NationalCongress Committe Meets To Discuss Pahalgam Terror Attack Ahead of All-Party Meeting

NationalPahalgam Terror Attack: Rahul Gandhi Cuts Short US Visit, To Attend CWC Meeting in New Delhi

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support