In a scathing attack on the central government, Congress national spokesperson Surendra Rajput accused the ruling party of prioritizing the interests of a few industrialists over the nation’s economy. During a recent press conference, Rajput raised concerns about the government’s financial policies, which he claimed are heavily skewed in favor of a select few business magnates, particularly targeting Adani Group.
Government Banks and Public Money at Risk
Rajput criticized the government for allegedly forcing public sector banks and financial institutions like the State Bank of India (SBI) and Life Insurance Corporation (LIC) to invest in private companies. “If Adani’s company fails, who will be responsible for the losses incurred by SBI and LIC?” Rajput questioned, highlighting the risks posed to public money. He expressed concerns that if such a large conglomerate collapses, it could have dire consequences for the nation’s economy.
Allegations of Favoritism and Manipulation
The Congress spokesperson accused Prime Minister Narendra Modi of favoring his “close friend” by ensuring that Adani’s companies receive preferential treatment. He cited several instances where government contracts were allegedly awarded to Adani Group after rival companies were targeted by central agencies. “Whenever they need to award a contract, raids are conducted on other companies, and then Adani Group conveniently acquires them,” Rajput claimed, pointing to a pattern of behavior that he believes undermines fair competition.
Economic Inequality and Public Discontent
Rajput also touched on the broader economic issues, noting that while a handful of industrialists continue to amass wealth, the average Indian’s income remains dismally low. “Our per capita income ranks 142nd in the world,” he remarked, stressing the widening gap between the rich and the poor in India.
International Concerns and Policy Criticism
The spokesperson didn’t limit his criticism to domestic issues. He also raised concerns about the government’s foreign policy, particularly in relation to projects involving Adani Group. He cited examples such as the electricity plant in Jharkhand, where power is being sold to Bangladesh, and the leasing of a Sri Lankan port to Adani. Rajput accused the government of putting national interests at risk for the benefit of private entities.
Demands for Accountability
Rajput called for greater accountability, specifically demanding the resignation of Madhavi Buch, Chairperson of SEBI (Securities and Exchange Board of India), alleging that SEBI has been complicit in shielding Adani from scrutiny. He argued that such actions tarnish India’s international reputation.
Response from State Congress Leadership
Karan Mahara, the state president of the Congress party, echoed Rajput’s concerns, drawing comparisons to previous governments. He pointed out that during Congress rule, industrialists like Tata and Birla thrived, but without any perception of undue favoritism. Mahara also criticized recent government policies, such as issuing a tax notice to IIT while allegedly waiving five years of GST for a prominent religious leader. He warned that public frustration is reaching a boiling point and cautioned that India could face a situation similar to Bangladesh if the government doesn’t change course.
Conclusion
The allegations made by Congress spokesperson Surendra Rajput underscore the growing concerns about the central government’s economic policies and their impact on the average citizen. As public discontent rises, the call for greater transparency and fairness in governance is becoming increasingly urgent.