Govt privatising revenue & nationalising loss, says Rahul; helps financial institution strike

Taking a dig on the Government, Congress chief Rahul Gandhi on Tuesday alleged that promoting public sector banks to “cronies” will compromise the nation’s monetary safety. He additionally accused the Government of “privatising profit” and “nationalising loss”.
“Government of India (GOI) is privatising profit and nationalising loss. Selling PSBs to Modicronies gravely compromises India’s financial security,” Gandhi tweeted. The Congress chief additionally expressed solidarity with the protesting financial institution staff, who’re on a two-day strike towards alleged privatisation of public sector banks.
“I stand in solidarity with the striking bank employees,” he mentioned on Twitter. The financial institution strike, led by 9 unions of public sector banks (PSBs) within the nation, continued for day-two on Tuesday.

Customers shall be inconvenienced to get providers equivalent to money withdrawals, deposits, cheque clearances, remittance providers. Government transactions associated to treasury in addition to enterprise transactions can even be impacted.