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Home > 2021 > Resist this loot of our national assets - Statement by CPI(M) Aug. 24, 2021 (...)

Mainstream, VOL LIX No 39, New Delhi, Sept 11, 2021

Resist this loot of our national assets - Statement by CPI(M) Aug. 24, 2021 / Do Not Sell National Assets - CPI resolution Sept. 5, 2021

Saturday 11 September 2021

Communist Party of India (Marxist)

Stop Sale of India

August 24, 2021

The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement:

The Central Government has officially announced the sale of India.

The National Monetisation Pipeline (NMP) released by the Finance Minister yesterday, details the loot of our national assets and infrastructure. This is an outright plunder of people’s wealth.

Selling family silver to meet daily expenditure makes neither economic nor common sense. Selling assets for a song when the markets are low benefits only crony corporates and promotes crony capitalism.

The Polit Bureau of the CPI(M) calls upon the people of India to protest against and resist this loot of our national assets.

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Communist Party of India
Central Office
New Delhi
Tele: 011 23235546
e-mail: cpiofindia[at]

National Executive Meeting from September 04 to 05, 2021, At Ajoy Bhavan, New Delhi

Resolution on Stop This Mad Policy of Privatisation – Do Not Sell National Assets

This meeting of the National Executive being held in New Delhi on 4th and 5th September, 2021 condemns the aggressive and continued policy of the BJP government to privatise various public sector units including LIC, GIC and Banks. The way the GIC privatisation bill was undemocratically pushed through is a matter of shame.

LIC is a blue chip public sector pride unit serving the common people and helping the government in infrastructure and industrial development. It is now being disinvested to favour the private sector.

In banks, instead of recovering the huge bad loans of the corporate companies, large scale write off and concessions are being showered on them. Banks deal with public savings and privatisation of banks amounts to handing over this precious savings to the profit-motived corporate houses.

Adding insult to injury, the recent announcement on National Monetisation Pipeline is nothing but daylight robbery of national assets with the direct blessings of the government.

This meeting calls upon the government to stop these policies.

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