NMP tailor-made for rent-seeking, says Ashwani Kumar

Tribune Web Desk

Updated At : 12:15 PM Sep 03, 2021 IST

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New Delhi, September 2

Former Law Minister Ashwani Kumar today condemned the National Monetisation Pipeline (NMP) project, saying it was tailor-made for rent-seeking and would lead to transfer of taxpayer-funded assets to a handful of business groups.

“India’s national assets valued at Rs 6 lakh crore and created over the past 67 years are sought to be squandered away through the project,” he told the media in Chennai today.

The Congress leader said the Central Government’s announcement sought to legitimise favours to the favourite few at the cost of public interest and in breach of the government’s fiduciary obligations. — TNS

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