Ambani-Adani to make 1.68 lakh crore investment in Congress ruled Rajasthan

To attack the Narendra Modi government at the center, many Congress leaders including Rahul Gandhi resort to the names of Mukesh Ambani and Gautam Adani. Congressmen call it the government of Ambani-Adani. However, the biggest investment proposals received by the Ashok Gehlot-led Congress government in Rajasthan under the ‘Invest Rajasthan’ outreach program include those from the Gautam Adani-led Adani Group and Mukesh Ambani-headed Reliance Industries Limited. This has been said in a report quoting the Right to Information (RTI) Act.

According to information provided by the state’s Bureau of Investment Promotion (BoIP) in an RTI reply, both the corporate houses have made over Rs 1.68 lakh crore in Letters of Intent (LOI)/ Memorandum of Understanding (MoU) between December 2021 and March 2022. promised investment. This is about 18 per cent of Rs 9,40,453 crore.

Despite this, former party president Rahul Gandhi has accused the BJP of crony capitalism at the center. He had defined Adani and Ambani in the Lok Sabha in February this year as the “double A variants” spreading in the Indian economy. He had earlier also taken a similar dig at the BJP-led government at the Centre.

According to the data, Reliance New Energy Solar Ltd (Rs 1,00,000 crore), Adani Green Energy Ltd (Rs 60,000 crore), Adani Infra Ltd (Rs 5,000 crore), investment offered by Adani between December 2021 and March 2022 was. These include Total Gas Limited (Rs 3,000 crore) and Adani Wilmar Limited (Rs 246.08 crore).

The 4,016 institutions listed by Rajasthan BoIP include JSW Future Energy Ltd (Rs 40,000 crore), Vedanta Group’s Sterlite Power Technologies Pvt Ltd (Rs 40,000 crore), Vedanta Group’s Hindustan Zinc Cairn (Rs 33,350 crore). These include Energy Ventures Pvt Ltd (Rs 30,000 crore), Axis Energy (Rs 30,000 crore), Eden-Renewables (Rs 20,000 crore) and Tata Power (Rs 15,000 crore).

Rajasthan had planned to organize the ‘Invest Rajasthan Summit’ in January this year, but it was postponed due to Corona. Before the proposed summit, Chief Minister Gehlot had met several industrialists including Gautam Adani. The summit is now scheduled for October 7-8 in Jaipur.

Let us tell you that during the debate on the Motion of Thanks to the President’s Address in February this year, Rahul Gandhi had talked about going to the country’s economy in the hands of “AA” (Ambani-Adani). Addressing a rally in Jaipur to protest the price hike in December 2021, he had said, “Acche din have arrived. For whom? It stands for ‘we two, our two’. Be it airport, port, coal mine, telephone, supermarket, wherever you look, you will find two people, Adani ji and Ambani ji. It’s not their fault. If you got something for free, would you refuse? No, you won’t. It’s not his fault, it’s the prime minister’s fault.”

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