The NDA government has started the Disinvest Programm in the second week of the new financial year itself. 5 % of shares of Rural Electrification Corporation (REC) has been sold getting Rs. 1,550 crore to the Government. At present the government has got 65.64% shares which will now be reduced to 60.64%.

The government is saying the disinvestment is for funds to the exchequer for developmental activities. What it will do for development after all the shares are told. Disinvestment is nothing short of selling the family wares for favouring the corporates and MNCs.