Congress Parliamentary Party (CPP) chairperson Sonia Gandhi on Tuesday opposed the government’s move to corporatise the Modern Coach Factory of the Indian Railways in Rae Bareli. Raising the issue during Zero Hour in the Lok Sabha, Ms. Gandhi said corporatisation was the first step towards privatisation. Ms. Gandhi said in Hindi that privatisation was against the objectives for which the plant had been set up. “The real concern is that they have chosen the Modern Coach Factory for the experiment.”While privatisation rendered thousands unemployed, priceless assets were given away for the profit of a few individuals. “I urge the government to protect the Modern Coach Factory and other PSUs,” said Ms. Gandhi, who represents Rae Bareli.

Source: The Hindu July 02, 2019 09:19 UTC