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Thursday, July 7, 2022

Bank privatisation means: Government will sell public sector banks to capitalists

Bank privatisation means: Government will sell public sector banks to capitalists. Capitalist will make banks business to earn profit but not service. Common public's money will go to the capitalists. History is a witness that thousands of private banks have drowned since independence, depositors have not received their deposits yet government is advocating for private banks. This is injustice, injustice. Completely failing to tackle problems like rising inflation, rising unemployment. Central government is announcing some proposals to distract the public from these fundamental problems which sound revolutionary, but in fact if it is ni Let the decision be applied Not only will the problems of the general public of the country increase but the national economy will fail so badly that it will not be possible to deal with unemployment, inflation and economic slavery for decades to come.
Without hesitation and shyness the government declares that the country's public sector financial institutions - public sector banks, all will be privatized. Hey, what kind of decision is this, why does the government want to sell the national property?? What is the intention of the government- is it necessary to know this?? Capitalists who borrow millions from banks are given the opportunity to flee abroad if they have no intention of repaying the debt. The money belongs to the common people but to use it, the decision to sell public undertakings to a few industrial families. This decision is completely wrong, unfair and against national interest.
Down with the privatisation

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