India, Feb. 26 -- The Centre of Indian Trade Unions (CITU) has vehemently condemned the Union Government's National Monetisation Pipeline (NMP) 2.0, terming it a "draconian blueprint for national plunder." In a scathing statement issued on Wednesday, the trade union body called for massive resistance against the proposed Rs 16.72 lakh crore public asset stripping.

The second phase of the NMP (FY 2026-2030), launched by the Union Finance Minister on February 23, follows the Union Budget 2025-26. CITU alleged that the plan is designed for the systematic dismantling of India's public sector and the wholesale transfer of national assets to monopoly private corporations.

"By setting a staggering target of Rs 16.72 lakh crore - a figure 67 pe...