New Delhi: Congress leader Jairam Ramesh has hit out at Prime Minister Narendra Modi and businessman Gautam Adani in an X (formerly, Twitter) post, calling their FDI policy one of “fear, deceit, intimidation”.
Titled as “Modani’s FDI policy: Fear, Deceit, Intimidation”, the Congress leader in his post asked, “Is this how private investment will be stimulated? Is it any wonder that Indian businessmen are being forced to relocate and seek investment opportunities abroad? Credits to X users for this pointed post. We had further details in our 100 question HAHK – Hum Adani ke Hain Kaun – series.”
Modani’s FDI policy: Fear, Deceit, Intimidation.
Is this how private investment will be stimulated? Is it any wonder that Indian businessmen are being forced to relocate and seek investment opportunities abroad?
Credits to X users for this pointed post. We had further details… pic.twitter.com/tPwDxmKjJO
— Jairam Ramesh (@Jairam_Ramesh) August 13, 2024
The Congress leader’s lengthy X post draws some correlations, “CBI raids NDTV offices, Founder Prannay Roy’s Home. Result – Adani group now Owns 64.71 per cent stake in NDTV.”
He then says, “CCI Team Raids ACC, Ambuja Cement Offices. Result – Adani Group now the 2nd Largest Cement Player as Acquisition of Ambuja Cements.”
He then adds, “ED Raids GVK Group Offices in Mumbai Airport. Result – Adani Airport Holdings Owns Nearly 98 per cent Stake in GVK Airport Developers.”
“Income Tax Officials Raids The Quint’s Office in Noida. Result – Adani acquires 49 per cent in quintillion Business Media for Rs 48 Crore.”
“IT Officers Raid in Nellore Krishnapatnam Port. Result – Adani Ports and SEZ completes Acquisition of Krishnapatnam Port.”
“Ultratech Cement (Kumar Mangalam Birla) Pips Adani Group in taking over India Cements. Result – 8 yrs into the probe, CBI books Aditya Birla Group’s Hindalco for ‘corruption’ over environmental clearances.”
The Congress leader’s latest attack on the Modi government’s ‘favouritism’ towards Adani comes after the recent, US-based short seller, Hindenburg report alleged that the SEBI chief had a stake in offshore entities involved in the Adani ‘scam’.
