The SJM has reasoned that if the government has to raise funds through divestments, then the best route is to offload stakes on the stock market.
These comments came a day after India and Japan held their first foreign and defence ministerial talks to further strengthen strategic ties.
On November 4 in Bangkok, PM Modi took the call for not joining the RCEP agreement as its concerns were not addressed in the pact.
The Commerce ministry said that eight rounds of negotiations had been held with South Korea for upgrading the existing comprehensive free trade agreements (FTA).
'Moreover, India was seeking an automatic trigger safeguard mechanism (ATSM) for tackling import surges,' he added.
External Affairs Minister S Jaishankar and Commerce and Industry Minister Piyush Goyal briefed BJP MPs on the issues in the parliamentary party's first meeting in the Winter session.
The defence minister said the government has started several infrastructure projects in Arunachal Pradesh and no part of the state will be isolated.
Jaishankar said that India's co-operation with its neighbours spans so many domains that the decision to stay out of the RCEP does not undermine the basics of its foreign policy.
The Congress leader's remarks come days after India decided not to join the mega deal as negotiations failed to address New Delhi's concerns.
Prime Minister Narendra Modi on Monday conveyed India's decision not to join the RCEP deal at a summit meeting of the 16-nation bloc.
Goyal said that the lesson to be learnt from these negotiations is that one should never finalise a trade agreement in a hurry and with a timeline
The former Union minister has been critical of the Modi government's handling of the economy and has said this is the reason that he is being targeted.
India now lacks both ambition and imagination; it fears the world rather than embracing it.
Prime Minister Narendra Modi in Bangkok said India will not join China-backed RCEP deal as negotiations failed to satisfactorily address New Delhi's 'outstanding issues and concerns'.
The Regional Comprehensive Economic Partnership (RCEP) is a mega free-trade pact being negotiated among 16 countries.