Does the National Monetisation Pipeline amount to "selling India's crown jewels" as Rahul Gandhi chose to describe it?
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00:00Now, the prime minister is in the process of selling the crown jewels of this country.
00:07This thing is going to ensure that our young people do not get jobs.
00:13The prime minister is working for two or three monopolists.
00:30The prime minister and the BJP said that the congress party has done nothing in 70 years.
00:59There is a list here of all the assets that the congress party has helped build.
01:09These assets have been built using public money, thousands and thousands of crores of
01:16rupees over the last 70 years.
01:20Now the prime minister is in the process of selling the crown jewels of this country.
01:28Now we had a privatization policy.
01:32We are not against privatization.
01:34We believe that there should be a strategy for privatization.
01:38What were the pillars of our strategy?
01:40First of all, no strategic asset will be sold.
01:46In that there is defense, in that there is railways.
01:49You can see that a strategic asset is being sold.
01:56We said only companies which are chronically loss making, only companies which have minimal
02:02market share and we will not sell companies where there is a risk of a monopolist.
02:11So whether public sector can help ensure that the industry is fair, free and is not monopolized,
02:17we will not sell that sector.
02:20This entire privatization is designed to create monopolies.
02:25The whole idea behind this thing is to create monopolies for three or four people.
02:31And my young friends who are today searching for a job cannot find a job.
02:37You have to understand that the reason you cannot find a job is because the entire small
02:43and medium industries have been destroyed and the reason they have been destroyed is
02:47because the prime minister insists on building two or three monopolies that own everything
02:54in this country.
02:57This is not just a gifting of India's assets.
03:04This is going to ensure that the young people in India will not be able to find employment
03:11in the future.
03:12The prime minister is not working for the people of India.
03:16The prime minister is working for two or three monopolists.
03:21The central idea here is that what this country has built over the last 70 years is being
03:28given away.
03:29Now you are going to take a little bit of rent from that asset and you are going to
03:32gift the asset to these people and what is going to happen after 40 years?
03:36Who knows?
03:37Who knows what is going to happen after 40 years?
03:42The government clearly has mishandled the economy.
03:45The government clearly does not know what to do.
03:48They have basically destroyed what the UPA built and now as a last resort they are selling
03:57everything that we had helped create.