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May 11, 2024 10:09 AM

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Senior BJP leader Nirmala Sitharaman rejects Congress leader Rahul Gandhi’s allegations that PSUs are being dismantled

Senior BJP leader and Union Finance Minister Nirmala Sitharaman today rejected Congress leader Rahul Gandhi’s allegations that public sector undertakings (PSUs) are being dismantled and are in disarray. Countering the allegations levelled by Mr Gandhi, Ms Sitharaman claimed in a social media post that PSUs are thriving under the Narendra Modi government. She also alleged that it was under the Congress-led UPA government that PSUs suffered and claimed that the present government’s focus on capital expenditure has also led to substantial growth in their stock performance. Ms Sitharaman also said that the government’s focus on infrastructure development, power, and logistics has directly benefited PSUs in railways, roads, power, metals, construction, heavy equipment manufacture, and others.