India

Adani Row: Congress To Stage Nationwide Protest On February 6, Says “Exposure Is Imp For Middle Class”

Adani Row: Amid the ongoing Adani Group tension in the parliament, the Congress party has announced to hold nationwide protests in front of LIC (Life Insurance Corporation) offices and SIB (State Bank of India) branches in every district on February 6 i.e. on Monday.

Congress officials on Adani row

Speaking to the news agency ANI, the Congress general secretary, KC Venugopal said, “Government at the centre is using common people’s money to support their closest friends. Congress party has decided to have nationwide agitation across districts of the country in front of LIC and SBI offices on Monday.”

As per the party officials, the exposure of LIC and public sector banks like the SBI to the Adani Group has notable implications for middle-class and service-class savings.

Slamming the firm, Congress said that now the time has come to change LIC’s slogan from zindagi ke saath bhi, zindagi ke baad bhi (remain with life, beyond life) to zindagi ke saath thi, ab Adaniji ke saath hai (remained with life, now with Adani).

“This is the situation of LIC and the prime mentor is silent on the issue and you will not hear a word from him,” said Pawan Khera asking on whose instruction LIC increased its investment in Adani Group.

Further, he said, “In our childhood, there was a song ‘bhanwre ne khilaya phool’… phool ko le gaya Hindenberg. 20 years of effort from Narendra Modi from the time when he was the chief minister now got busted. Had this been a matter between Modiji and Adaniji, we all would have remained silent.”

Also Read: Adani Row: Opposition Demands Probe By JPC Or SC-Monitored Panel, Stalls Parliament

Opposition demands probe

The opposition parties including Congress demanded a discussion and an investigation into allegations of fraud against the Adani Group that triggered the stock market crash on Thursday.

The Congress and other parties have demanded a joint parliamentary committee (JPC) or SC-monitored probe into the crisis.

Also, the opposition dubbed the stock crash a “Maha ghotala (scam) in Amrit Kaal” and lashed out at the government over the Hindenburg report against Adani Group. Moreover, the leaders questioned the government’s “silence” over the issue.

They even slammed the government over the rejection of their suspension of Business notices to discuss the issue.

Alina Khan

Recent Posts

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

10 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

10 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

11 hours ago

Carney Invites Modi To G7 Summit, Highlights India’s Global Supply Chain Role

Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…

11 hours ago

RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil

The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…

12 hours ago

PM Modi Urges Global Action On Coastal Resilience At Nice Summit

PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…

12 hours ago