Govt. has squandered assets of PSU like HAL to favour select few — Congress

New Delhi, Jan. 5 (PTI): The Congress on Saturday accused the Modi government of “squandering” the assets of public sector undertakings such as HAL and ONGC to “favour a select few”.
“HAL is borrowing INR 1000 cr because it can’t even pay salaries?” Senior Congress leader Ahmed Patel tweeted.
His tweet came after a media report claimed that defence PSU Hindustan Aeronautics Limited, grappling with low finances, for the first time in years, has been forced to borrow money to pay salaries to its employees. “Not just HAL; be it ONGC, LIC, HPCL,GSPC or any other PSU, this government has squandered their assets to favour a select few,” Patel alleged.

Citing the media report, Congress’ chief spokesperson Randeep Surjewala said, “Under Modiji, India’s largest public sector defence unit, HAL does not even have enough cash to pay salaries to its employees. For the first time in 70 years, they were forced to borrow INR 1000 cr.”
“Despite that, no Rafale contract for them Apathetic!”he tweeted.