Privatisation of profits and nationalisation of losses Modi’s mantra

The BRS Parliamentary board that met under the leadership of party president Mr K Chandrasekhar Rao discussed methods to be approached to question the central government during the ensuing budget session.

CM KCR observed that the method being adopted by the Modi government seems to be privatisation of profits and nationalistion of losses. The profits are given to private parties by way of waivers destructing the banks while people are burdened with the losses on account of it and also with the rising prices.

The BRS MPs should question this in the budget session. The MPs were instructed to seek an explanation from the central government over the pending promises made in the state bifurcation Act and all other anti-people policies.

Mr Rao also asked the MPs to rise the issue of the Governor system and its relevance. As some of the Governors were acting at the behest of the Centre much against the interest of the democratically elected governments in some states, some kind of unpleasant environment is prevailing.

By Gollapudi Srinivasa Rao

Leave a Reply

Your email address will not be published. Required fields are marked *