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NEW DELHI: Congress chief Rahul Gandhi hit out on the Centre on Monday following the presentation of the 2021-22 Union Budget, alleging that the Narendra Modi authorities plans to handover India’s belongings to crony capitalists.
The authorities on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector firms and monetary establishments, together with two PSU banks and an insurance coverage firm, within the subsequent fiscal.
“Forget putting cash in the hands of people, Modi government plans to handover India’s assets to his crony capitalist friends,” he mentioned after the presentation of the Union Budget.
Prior to the presentation of the Budget, he mentioned it ought to present help to small and medium enterprises, farmers and employees, and generate employment. Rahul Gandhi additionally demanded a rise in healthcare finances and hike in defence expenditure to safeguard the nation’s borders.
Budget 2021 should: Support MSMEs, farmers and employees to generate employment. Increase healthcare expenditure to avoid wasting lives. Increase defence expenditure to safeguard borders,” he mentioned on Twitter.
Unveiling the PSE coverage in Budget 2021-22, finance minister Nirmala Sitharaman mentioned barring 4 strategic areas, public sector firms in different sectors shall be divested. The coverage would give a transparent roadmap for disinvestment in strategic and non-strategic sectors.

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