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| allies Trinamool and DMK wave first |
| Reforms: allies Trinamool and DMK wave first red flag
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| INDIA
, 9-June-2009
3:19:40 AM |
| UPA’s allies Trinamool Congress and DMK put their opposition to disinvestment on record while speaking on the Motion of Thanks to the President’s address in which the government talked of developing a “roadmap for listing and people-ownership of public sector undertakings while ensuring that government equity does not fall below 51%.”
Speaking in the Lok Sabha, Trinamool MP Sudeep Bandopadhyay said his party was not in favour of disinvestment in profit-making PSUs in the banking and insurance sectors. He also opposed the Land Acquisition Act and asked the government to table a fresh Bill to “protect the land of farmers from being acquired for industry.”
When contacted later, the Trinamool leader said his party’s opposition wasn’t limited to PSUs in West Bengal. “We are against disinvestment of any profit-making PSU but we are firm that no such step should be undertaken in the banking and insurance sectors and it applies to any PSU across the country”, he said
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