Rahul Gandhi criticizes Prime Minister Modi for the government's decision to divest at BPCL

KOCHI: Congress leader Rahul Gandhi on Saturday he fell heavily on the prime minister Narendra Modi on the issue of the decision to divest in the public sector oil sector BPCL , claiming that it was serving the interests of large corporations.

The Modi government, he claimed, had decided to sell Bharat Petroleum Corporation Limited, worth Rs 8 lakh crore, for Rs 60,000 crore to large corporations.

This is not privatization. It is a theft, Gandhi said addressing a protest by the Congress party in front of Cochin Refinery here against disinvestment of BPCL.

What is Mr Narendra Modi doing. He is helping his friends, his masters, his owners.

Without them, Narendra Modi is nothing. He is a little balloon. It is their money that put Mr Narendra Modi on India's TV screens.

And his masters have hired him to do a job. It is a clear transaction. You will give us BPCL, the Wayanad MP said launching a scathing attack on the Prime Minister over the government's decision to sell the company to the private sector.

Attacking the Prime Minister, Gandhi said Modi will be thrown out of power like a rat if he failed to give BPCL and ONGC to big corporates.

He also criticized the BJP government for the demonetization and implementation of GST, claiming that the real reason for this was to clear the way for the most powerful companies in India and the murder and murder of the informal sector of India, the farmers of the India, the small and medium enterprises of India. deal.

The Congress-led United Democratic Front (UDF) had been organizing protests at nearby Ambalamedu against the BJP government at the Center, demanding that Bharat Petroleum Corporation Limited (BPCL) not to be sold.

The Union Cabinet last month has approved a strategic divestment of the government's 53.29 per cent stake in BPCL, along with transfer of certain management control.

This is excluding BPCL's equity share holding of 61 per cent stake in.