New Delhi, Oct 1: Union Finance Minister Arun Jaitley on Monday wrote another blog to hit back at Congress president Rahul Gandhi over his allegation that public money was being used to bail-out the debt-ridden IL&FS group. Calling the Congress a 'national saboteur', Arun Jaitley said the party was spreading false information about the government move regarding Infrastructure Leasing and Financial Services (IL&FS).

"The Congress Party, for the last few days, has been busy spreading disinformation about the Government’s possible moves in relation to the private sector company IL&FS. The Congress is a national saboteur. It wants to sabotage India’s economy by allowing a situation in relation to a company to persist, expand and become unmanageable," Jaitley wrote in his blog titled 'Lessons for Rahul Gandhi from his Partyman'. Rahul Gandhi Fires Fresh Salvo at Narendra Modi, Says IL&FS Means 'I Love Financial Scams' For PM.

Jaitley said it was senior Congress leader KV Thomas who urged him to enable investments in the IL&FS. "It is the section of the Congress leadership which has been urging me to enable investments in the IL&FS and save the company. A senior Congress leader, Prof. K.V. Thomas, who is a former Union Minister and has been the Chairman of the Public Accounts Committee, has written to me on 20th September, 2018 making such a request," he wrote.

"It may be advisable for Rahul Gandhi to get some ‘words of wisdom’ from Prof. KV Thomas. The Congress Party must remember that ‘the days of crony capitalism are over.’ The NDA Government deals with such challenges objectively and professionally," Jaitley concluded. His comments came a day after Gandhi said the central government was using public money to bail-out the IL&FS group.

In a tweet, Gandhi alleged that PM Modi is bailing out the IL&FS group which has a long-term debt liability of around Rs 91,000 crore via public savings in LIC and the State Bank of India (SBI). In another tweet, Gandhiasked if PM Modi is trying to save his 'favourite' company because to him ILFS means ‘I Love Financial Scams’.

(The above story first appeared on LatestLY on Oct 01, 2018 07:32 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).