Raising the issue during zero hour, Chowdhury referred to the cabinet clearing strategic disinvestment in Bharat Petroleum Corporation Ltd and four other central public sector undertakings.
On Wednesday, the CCEA accorded 'in-principle' approval for strategic disinvestment in five central public-sector enterprises including the Bharat Petroleum Corporation Ltd.
Pradhan said the privatisation of BPCL was following the policy of ushering in greater competition in sectors that can sustain on their own.
Asking the Centre to withdraw its decision, Moily reminded it that the first prime minister Jawaharlal Nehru had nationalised the British company to make India strong in the energy section.
Congress members returned to their seats after the protests and sloganeering in the Well of the House when Speaker assured them that they will be allowed to raise issues during Zero Hour.
It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week.
With regard to BPCL, the plan is to sell the entire 53.3 per cent stake held by the Centre to a strategic partner.
Panel clears proposal to sell off entire government stake in the two profit-making PSUs, more to follow
Bharat Petroleum Corporation Limited's CSR funds used to launch skill development centre at Ramakrishna Mission Home
A skill development centre (SDC) to impart technical training to students of Ramakrishna Mission Polytechnic College was launched at Ramakrishna Mission Home at Mylapore on Sunday.
The company will be able to roll out the fuel from October to January, senior BPCL officials said Friday.
Officials say that the fluctuating diesel prices are the main reason behind owing of bills.
BPCL and Kerala Startup Mission are now working together to find promising new startups to support.