Rajasthan
Cong Stages Demonstration Outside Sbi, Lic Offices Across State Over Adani Crisis | Jaipur News
JAIPUR: The Congress on Monday staged demonstrations in front of the LIC and SBI offices in the state to draw people’s attention to the Adani issue.
The protests were held to highlight that the SBI and LIC have made risky investments in the Adani group, endangering the hard-earned savings of people.
PHED minister Mahesh Joshi, dood and civil supplies minister Pratap Singh Khachariyawas and other leaders participated in the protest in Jaipur.
Khachariyawas while addressing party workers said people who had invested money in Adani shares have lost over Rs 4 lakh crore and still the finance minister crossed all levels of empathy for Adani.
He alleged that the LIC had invested Rs 1 lakh crore and banks have also invested several thousand crores of rupees in Adani shares on the directions of the Modi government and to help him become the world’s second richest man at the cost of the investors. He said while the Congress wants a joint parliamentary committee to investigate the matter and the Modi government is running away from it.
Adani Group stocks have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation, against the Gautam Adani-led group, which has dismissed the allegations as lies.
Opposition parties, including the Congress, have alleged that the meltdown in Adani Group shares is a scam involving common people’s money.
The protests were held to highlight that the SBI and LIC have made risky investments in the Adani group, endangering the hard-earned savings of people.
PHED minister Mahesh Joshi, dood and civil supplies minister Pratap Singh Khachariyawas and other leaders participated in the protest in Jaipur.
Khachariyawas while addressing party workers said people who had invested money in Adani shares have lost over Rs 4 lakh crore and still the finance minister crossed all levels of empathy for Adani.
He alleged that the LIC had invested Rs 1 lakh crore and banks have also invested several thousand crores of rupees in Adani shares on the directions of the Modi government and to help him become the world’s second richest man at the cost of the investors. He said while the Congress wants a joint parliamentary committee to investigate the matter and the Modi government is running away from it.
Adani Group stocks have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation, against the Gautam Adani-led group, which has dismissed the allegations as lies.
Opposition parties, including the Congress, have alleged that the meltdown in Adani Group shares is a scam involving common people’s money.
