“Prime Minister Modi led BJP government hasn’t established a single government company yet sold 23 government companies.”
What FACTLY found
Since the introduction of the new economic policy in 1991, successive governments have undertaken disinvestment in public sector undertakings. From 1991-92 to 2023-24, disinvestment in public sector enterprises occurred 350 times, raising a total of ₹5,82,326.08 crores. Further, between 2014 and 2019, when Modi was Prime Minister, 63 new public sector organizations were created under various ministries.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 15 May 2024. FACTLY (India) looked into it and published its finding on 22 May 2024, 7 days later. Its rating was “MISLEADING”.
Where the claim appeared
- Instagram posthttps://www.instagram.com/reel/C6_QTQYt_y2/
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.