Pot calling kettle black: Finance minister on Rahul's PSU policy criticism
Pot calling kettle black: Finance minister on Rahul’s PSU policy criticism
NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday hit out at Rahul Gandhi’s criticism of Modi govt’s policy on public sector companies and argued that state-run companies and banks had been severely neglected during the UPA regime.
Dismissing Rahul’s charge in a social media post, Sitharaman said the claims were a textbook example of the pot calling the kettle black. She said that public sector undertakings (PSUs) are thriving, benefiting significantly from the culture of professionalism infused in them along with increased operational freedom. State-run banks too had seen an improvement during Modi govt’s tenure. PSUs that were previously neglected under the UPA govt, such as Hindustan Aeronautics Ltd, have seen a resurgence, she said. “Repeated claims from the @INCIndia ecosystem and @RahulGandhi in particular that Public Sector Undertakings are being dismantled & are in disarray under the current govt are a textbook example of ‘ulta chor kotwal ko daante’ (pot calling the kettle black), as the facts reveal a very different picture,” Sitharaman posted on X.
She said govt’s focus on capital expenditure has led to substantial growth in the stock performance of PSUs, as the net worth of all central public sector enterprises increased 82% between March 2014 and FY23.tnn
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