India News | Shiv Sena Slams Modi Govt's Privatisation Policy

Mumbai, May 18 (PTI) The Shiv Sena (UBT) on Thursday slammed the privatisation policy of the Narendra Modi government and accused it "auctioning" democracy, freedom of speech, social harmony and the rule of law.

Also Read | ATM Baba Arrested: Sudhir Mishra, Who ‘Trained’ Unemployed Youths How To Break ATMs, Nabbed in Joint Operation of UP STF, Bihar Police.

If this wasn't enough, the government was also planning to privatise some public sector banks, claimed an editorial in 'Saamana', the mouthpiece of the Uddhav Thackeray-led party.

Also Read | Tigress Gives Birth to Four Cubs in Navegaon Nagzira Tiger Reserve in Maharashtra's Gondia District.

Referring to reports in a section of media about a committee being set up to review privatisation of banks, the Marathi daily said even if the entire issue is still in process, it is "confirmed" that some banks will be privatised.

'It is being said that some government companies and public sector undertakings are suffering losses and have become white elephant for the government. There is some truth in these claims. But, the Modi government hasn't been transparent in its privatisation moves," the Marathi daily claimed.

Whatever was earned in the last seven decades was being privatised under the garb of "navsanjivani', it further claimed.

"The face of the Modi government is dangerous as it is auctioning democracy, freedom of speech, social harmony, rule of law and now banks will be added,' the editorial alleged.

The Centre in December last year said it will take a view on privatisation of public sector banks after consultation with the departments and regulator concerned.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)