• CPI National Council

Disastrous National Monetisation Continues: CPI

D. RAJA, General Secretary, Communist Party of India issued the following statement today (on August 26, 2021):

Communist Party of India disapproves and deplores the New Monetization Policy of the Union government.

The Finance Minister has launched the National Monetisation Pipeline (NMP). It comprises a four-year pipeline of the central government's brownfield infrastructure assets. Besides providing visibility to investors, NMP will also serve as a medium-term roadmap for the asset monetisation initiative of the government. The government proposes to raise Rs. 6 lakh crores through this measure. All of us know that monetisation is one step short of direct sale and privatisation of national assets. Thus the government’s anti-people economic policies continue.

The response of the government to the questions raised by political parties and trade unions is not at all convincing, but it clearly shows that the government abdicates its responsibility to revive the economy from recession and its shameless commitment to help the corporate houses and big business houses to loot the national assets.

Communist Party of India calls upon people to intensify struggles against these retrograde policies.



Office Secretary

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