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

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...

Tribune Web Desk

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

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

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles