India’s picture at stake as a consequence of Adani challenge: BSP chief Mayawati

By PTI

LUCKNOW: The Adani episode can have long-term impression on the nation’s economic system and it’s “unfortunate” that the federal government shouldn’t be taking folks of the nation into confidence on the difficulty, BSP supremo Mayawati mentioned on Sunday.

The former Uttar Pradesh chief minister additionally asserted that India’s picture is at stake because of the challenge.

“How can the Adani episode be forgotten on Ravidas Jayanti as it is a new cause of concern? Instead of finding solutions to such matters, the government is making new promises ignoring the people. The image of India is at stake due to Adani issue and everyone is concerned but government is taking this issue very lightly. This is something to think about,” Mayawati mentioned in a press release issued right here.

“Due to a businessman of the nation who has established his rating on the earth, the financial world of India is determined, disenchanted and depressed. It goes to have a long run impression on the nation’s economic system and customary life. Yet like in different circumstances, on this challenge additionally the federal government shouldn’t be taking the folks of the nation into confidence by way of the House.

It is gloomy,” she said while slamming the government for “enjoying” with the belief of the folks.

Adani group shares have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, together with fraudulent transactions and share worth manipulation on the Gautam Adani-led group.

The Adani group has dismissed the fees as lies, saying it complies with all legal guidelines and disclosure necessities.

The 10 listed Adani group corporations have confronted a mixed erosion of over Rs 8.5 lakh crore in simply six buying and selling classes.

Adani Enterprises additionally needed to withdraw a Rs 20,000 crore share sale.

LUCKNOW: The Adani episode can have long-term impression on the nation’s economic system and it’s “unfortunate” that the federal government shouldn’t be taking folks of the nation into confidence on the difficulty, BSP supremo Mayawati mentioned on Sunday.

The former Uttar Pradesh chief minister additionally asserted that India’s picture is at stake because of the challenge.

“How can the Adani episode be forgotten on Ravidas Jayanti as it is a new cause of concern? Instead of finding solutions to such matters, the government is making new promises ignoring the people. The image of India is at stake due to Adani issue and everyone is concerned but government is taking this issue very lightly. This is something to think about,” Mayawati mentioned in a press release issued right here.

“Due to a businessman of the nation who has established his rating on the earth, the financial world of India is determined, disenchanted and depressed. It goes to have a long run impression on the nation’s economic system and customary life. Yet like in different circumstances, on this challenge additionally the federal government shouldn’t be taking the folks of the nation into confidence by way of the House.

It is gloomy,” she said while slamming the government for “enjoying” with the belief of the folks.

Adani group shares have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, together with fraudulent transactions and share worth manipulation on the Gautam Adani-led group.

The Adani group has dismissed the fees as lies, saying it complies with all legal guidelines and disclosure necessities.

The 10 listed Adani group corporations have confronted a mixed erosion of over Rs 8.5 lakh crore in simply six buying and selling classes.

Adani Enterprises additionally needed to withdraw a Rs 20,000 crore share sale.