Congress Slams Centre Over Privatisation Spree, Says Party Will oppose 'Bank Sale Bill'

🅠 Congress leader Jairam Ramesh said public sector banks must be equipped to face competition and selling them to a chosen few will prove d🅷isastrous.

Outlook Web Desk

Updated on: 19 July 2022 5:17 am

Congress leader Jairam Ramesh

The Congress on Tuesday accused the Narendra Modi government of being on a "privatisation spree&qu♏ot; and said it will oppose the "bank sale bill".

Party leader Jairam Ramesh said public sector banks mu﷽st be equipped to face competition and selling them to a chosen few will prove disastrous.

"Today, 53 years ago, banks were nationalised. It was a transformational change. Now, Modi S🍬arkar is on a privatisation spree. Public sector banks must be equipped to face competition, but selling them off to a chosen few will be disastrous! Congress will oppose the Bank Sale Bill," Ramesh said on Twitter.

Today, 53 years ago, banks were nationalised. It was a transformational change. Now, Modi Sarkar is on a privatisatio꧒n spree. Public sector banks must be equipped to face competition, but selling them off to a chosen few will be disastrous! Congress will oppose the Bank Sale Bill
— Jairam Ramesh (@Jairam_Ramesh)