This is daylight robbery: P Chidambaram on National Monetisation Pipeline

Congress leader P Chidambaram on September 3 asked Finance Minister Nirmala Sitharaman to clarify National Monetisation Pipeline plans. The former Finance Minister also lambasted Sitharaman, claiming Centre’s plan is “daylight robbery”.

“Assets are giving current revenue. Finance Minister says she will get Rs 1.5 lakh crore. But she should also say what the current revenue. Suppose for the sake of argument, current revenue is Rs 1.6 lakh crore. She will privatise it and get only Rs 1.5 lakh crore. Assume the current revenue is Rs 1.3 lakh crore, she's only getting an additional Rs 20,000 crore. For the sake of Rs 20,000 crore, you'll sell all that has been built over 70 years? This is scandalous. This is daylight robbery,” he said.