National News
P. Chidambaram poses 20 tough questions on Rs 6 lakh Cr NMP
Senior Congress leader and former Union Finance Minister P. Chidambaram on Friday posed 20 questions on the Centre’s proposed National Monetization Pipeline (NMP) intended to ‘monetise’ certain assets and earn Rs 6,00,000 crore revenue over the next four years.
Stating that the government should answer the questions, he demanded to know the NMP objectives and whether it was solely intended to raise the revenues over the next four years.
Referring to the criteria adopted upfront to identify the PSUs that would be disinvested or privatised during the previous UPA government, Chidambaram queried whether the same is the case with the current NDA regime.
Pointing out that for infra projects like roads/highways, a PPP policy already exists, he asked what is the difference, if any, between this (PPP) model and the one that would be adopted by the Centre under the NMP, while addressing the media in the country’s commercial capital.
Moreover, if an asset is ‘monetised’ for 30-50 years, what is the value of the piece of paper that declares the government to be the ‘owner’ of that asset, what kind of asset will be returned to the government at the end of the period or would it be a “fully depreciated asset” worth practically nothing.
“Since the NMP is silent on the subject, will the government stipulate in the contract that the amount of depreciation should be put in a Depreciation Reserve Account which was used only to maintain, upgrade or add to the asset so that at the end of the lease period a valuable asset is returned to the government,” Chidambaram asked.
He also sought answers on whether there will be provision in the contract to prevent asset-stripping by the lessee, the terms included in the Invitation to Bid (ITB) to ensure that the ‘monetisation’ process does not create monopolies or duopolies in that sector, especially to prevent such (monopolies/duopolies) emerging in the ports, airports, telecom and power sectors.
The finance expert queried whether the lessee will manage the current levels of employment and the policy of reservations, or other policies, subject to sectoral regulators, etc., in the ‘monetised’ asset.
Harking to the UPA which identified the Railways as a ‘strategic sector’, he asked what are the other sectors the Centre has identified as ‘core’ or ‘strategic’ that would be kept out of the NMP purview.
“Has the government examined the impact of implementation of the NMP on the prices of goods and services in the sector/industry concerned? What will the government or the regulator do in case prices are increased by the lessee of the ‘monetized’ asset,” Chidambaram demanded.
Referring to the government’s revelation of the expected revenue of Rs 6,00,000 crore in four years, he asked whether the government would shed light on the total capital investment in the identified assets that are expected to yield the aforesaid revenue.
“The identified assets must be currently yielding a certain revenue every year. Has the government calculated the difference between the current revenue (undisclosed) and the expected revenue (of Rs 6,00,000 crore) over a period of four years? If so, what is the difference between the two amounts each year during the four year period,” Chidambaram asked.
On the government’s announcement that the NMP would be co-terminus with the National Infrastructure Pipeline (NIP) that is expected to require Rs 100 lakh crore, the ex-FM sought to know how the Rs 6,00,000 crore over a four year period be sufficient to finance a Rs 100 lakh crore NIP.
Furthermore, he sought an assurance from the Centre that the expected sum of Rs 6,00,000 crore “would not be merged with general revenues or used for general expenditure”.
Chidambaram further posed if the Rs 6,00,000 crore, when released, would not be diverted to partly-finance the fiscal deficit (Rs 5,50,000-crore in 2021-2022) or retiring old debts.
The Congress leader asked if the government floated a consultation paper on NMP, consulted various stakeholders including the workers or trade unions and demanded to know the outcome/minutes of these consultations.
He also asked whether the NMP was discussed in Parliament, and if not, whether the Centre plans to consult the Opposition Parties or debate in parliament.
Chidambaram said that the US is contemplating measures to contain monopolization and unfair trade practices of giants like Google, Amazon and Facebook, China has announced plans to rein in its giant tech firms and South Korea contained the influence of its huge family-controlled business conglomerates.
“Does the government intend to introduce similar measures while implementing the NMP,” Chidambaram asked, saying the Centre “is obliged to answer these questions”, and the media must demand replies from the government.
National News
Maharashtra Deputy CM Ajit Pawar-Led NCP To Consider Solo Run In Thane As Allies Exclude It From Seat Talks

Thane: The Ajit Pawar-led NCP on Tuesday said it has kept open the option to contest the upcoming Thane municipal council elections separately as it was being kept out of the seat-sharing discussions by its allies in Mahayuti.
Nationalist Congress Party spokesperson Anand Paranjape claimed that while local leaders of the BJP and Shiv Sena have already initiated talks to finalise seat sharing in the TMC polls, the NCP has not been invited for these deliberations.
“Even though meetings of the alliance partners are underway, the NCP has not been invited. Therefore, we have begun preparations to contest the elections independently,” he said.
Our Thane district president, Najeeb Mulla, has not been contacted by either the BJP or the Shiv Sena, Paranjape claimed.
He said the NCP would declare its seat expectations only after being formally invited to the alliance talks.
He said 380 aspirants have been interviewed over the past two days.
“If the NCP is offered respectable representation in the alliance for the Thane Municipal Corporation, we are ready to contest together. Otherwise, the NCP is fully prepared to contest all 131 seats on its own,” he added.
Paranjape said the NCP favours contesting as part of the grand alliance wherever possible, but local tie-ups or independent contests would also be considered if necessary.
Referring to the recent elections to 288 municipal councils and nagar panchayats, Paranjape said mayors from the grand alliance of BJP, Shiv Sena, and NCP were elected in around 215 bodies.
“People of Maharashtra have reaffirmed their faith in the Mahayuti government led by Chief Minister Devendra Fadnavis and Deputy Chief Ministers Ajit Pawar and Eknath Shinde,” he added.
The long-awaited polls to 29 municipal corporations in Maharashtra, including cash-rich Mumbai, will be held on January 15, and votes will be counted on the following day.
Crime
Delhi Police arrest female drug peddler, seize ganja and cash

New Delhi, Dec 23: In a major boost to the Centre’s ‘Drug-Free India’ campaign, Delhi Police have arrested a female drug peddler in Nihal Vihar and recovered 341 grams of ganja along with Rs 3.72 lakh in cash, suspected to be proceeds from the sale of narcotics, officials said on Tuesday.
According to Delhi Police, the action was carried out by a patrolling team of Police Station Nihal Vihar on December 20, following specific directions from the Deputy Commissioner of Police, Outer District, to maintain heightened vigilance against drug trafficking.
The team, comprising ASI Arvind, Woman Head Constable Yogita and Constable Sanjeet, was on routine patrol in the Adhyapak Nagar area when they noticed a suspicious woman standing near a house close to Pari Garden with a brown-coloured carry bag.
Police said that as soon as the woman noticed the patrol team, the crowd gathered around her dispersed, and she attempted to flee.
“On sensing the police staff, the crowd dispersed immediately, and the female carrying the brown-coloured carry bag also attempted to flee, but the vigilant team swiftly chased and apprehended her on the spot,” the police said in its press note.
Upon weighing, the contraband was found to be 341 grams of ganja. A total sum of Rs 3,72,830 was also recovered, which police believe to be proceeds from the illegal sale of narcotics.
The seized drugs and cash were confiscated on the spot following due legal procedures.
Subsequently, a case was registered at Police Station Nihal Vihar vide FIR No. 960/2025 under Section 20(b)(ii)A of the Narcotic Drugs and Psychotropic Substances (NDPS) Act. The accused woman was formally arrested in the case.
Further verification revealed that the accused has a criminal history and was previously involved in more than five cases under the Delhi Excise Act, police said.
“The Outer District police remain committed to eliminating narcotics-related crimes and safeguarding the community,” said DCP Sachin Sharma.
National News
‘Stolen Symbol, Hollow Claim’: Shiv Sena (UBT) Attacks Maharashtra Deputy CM Eknath Shinde’s ‘Real Sena’ Assertion After Local Body Polls

Mumbai: The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Tuesday attacked Deputy Chief Minister and Shiv Sena chief Eknath Shinde over his claim that Maharashtra local body polls have finally settled the debate over the “real” Shiv Sena.
In a scathing editorial in the party’s mouthpiece, ‘Saamana’, the Thackeray camp claimed, “The liars say, ‘Our Shiv Sena is real!’ But what is real and what is fake – the common people of the state recognise this. Those who dedicated their victory to Modi-Shah’s feet, the symbol ‘Shiv Sena’ does not suit those thieves. These same Modi-Shah stole the bow and arrow and handed it over to eight traitors in Maharashtra. The theft of Lok Sabha, Vidhan Sabha and local body elections has taken the form of ‘yours, mine, theirs’. The picture ahead will be different – we have no doubt about this.”
According to the editorial, Eknath Shinde has claimed credit for the work shown by the real Shiv Sena people. This is a hollow credit. His party’s claim of solid work in Lok Sabha, Vidhan Sabha and now local body elections is hollow. “Originally, the name ‘Shiv Sena’ and the symbol bow and arrow were obtained through Amit Shah’s pressure. The merit of the bow and arrow is significant, and Balasaheb Thackeray, the Shiv Sena chief, had established the ‘bow and arrow’ in every household. These ‘merits’ have been stolen and the real Shiv Sena is being talked about,” said the editorial.
It further stated that the dispute between Shiv Sena and the bow and arrow is still pending in the Supreme Court. The Supreme Court has given six months’ time for the Election Commission to make a decision. “Dates are not being set there, but after 40 MLAs crossed over to the other side and the decision was made according to law and constitution, Shiv Sena and bow and arrow are encouraging a decision on whose symbol it is!” the editorial said.
The Thackeray camp said that despite the electoral successes of the Shinde-led Shiv Sena, legal disputes regarding the party’s “real” status and official symbols remain unresolved. It said, “The Supreme Court has scheduled a final hearing for January 21, 2026, to address the symbol dispute between the Uddhav Thackeray and Eknath Shinde factions. A similar hearing for the NCP symbol dispute is set for January 22, 2026. The year ends with political parties shifting focus toward the Brihanmumbai Municipal Corporation (BMC) elections, which are slated for January 15.” The editorial has even questioned the timing of the hearing in the court.
The Uddhav Thackeray-led Shiv Sena alleged, “The results of local body elections are bought and sold through auction. There is no integrity or transparency found anywhere in these results. The ruling party has acquired the art of buying the machinery and voters, and people like Amit Shah kindly make them win elections by stealing the Shiv Sena and bow and arrow. As Chief Minister Devendra Fadnavis vows to transform the face of the state following these results, the opposition remains defiant. They describe the current political state as one of ‘looting and deception’ and express confidence that the political picture in Maharashtra will shift in the future,” said the editorial.
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