Modi working on ‘Mittarvaad’ Model: Jha

AICC Secy Pranav Jha, flanked by others addressing press conference in Jammu. -Excelsior/Rakesh
AICC Secy Pranav Jha, flanked by others addressing press conference in Jammu. -Excelsior/Rakesh

‘BJP frustrated due to NC-Cong alliance’
* SC should take suo-moto cognizance

Excelsior Correspondent
JAMMU, Aug 23: AICC secretary, incharge Congress president’s Media Communication unit, Pranav Jha has said that Modi’s Vikas model is actually `Mittarvaad’ model and under his regime investigation or action is taken against political opponents only but not against anyone close to Prime Minister or BJP whatsoever may allegations, while raising serious questions over the failure to take action and seek resignation of SEBI Chairperson Madhu Puri Buchh in the wake of serious allegations about her role and demanded that Supreme Court should take suo- moto cognizance in the matter.
Flanked by JKPCC senior vice president and chief spokesperson Ravinder Sharma, vice presidents, Vinod Sharma and Ved Mahajan besides Kapil Singh, Neeraj Gupta, Rajveer Singh, Jha said that how a person from a small business man has risen to one of richest person of the world in Modi rule. It is result of “Mittarvaad” under Modi regime.
He expressed concern that one or two persons close to BJP and PM Modi are now controlling the entire economic system of this country during a short regime of PM Modi, putting the interests of common man under great risk. Click here to watch video
Jha referred to the episode of CBI raid on NDTV in June 2017 and later Adani Group became the owner of 64.17% of its proprietorship on Dec 11, 2020, CBI team raided Ambuja Cement Group and on Dec 16, 2022, Adani Group took over Ambuja Cement, on July 28, 2020, ED teams raided GVK Group offices and company thereafter, on July 14, 2021 Adani Group has share of 98 % partnership in GVK Airports.
AICC leader recalled that on Oct 11, 2018, IT raided Quint offices in Noida and on March 27, 2023 Adani Group got 49% share in the Quintilian business in Rs 48 crores; on March 29, 2018, IT raided Krishanapatnam Airport and on Oct 5, 2020 Adani Ports and SEZ got control of Krishanapatnam Airport. On June 27 Ultratech Cement (Kumar Manglam Birla) took over India Cements and Adani Group could not get it, as a result on Aug 6, 2024 CBI registered a case against Aditya Birlas Hindalco company. He cited the case of under interest shown by CBI and LIC in purchasing the shares of Adani and gave the huge loan to the Adani Copper Plant in Mundra, Navi Mumbai Airport and UP Express Way project and other such projects putting interest of small investors into great risks. He said main investors in Adani Enterprises FPO were- LIC ( Rs 299 cr bid) , SBI employees Pension Fund (Rs 299 cr) SBI LIC (Rs 125 cr bid ), and LIC and SBI invested despite fall in the market.
He cited several other instances of Modi’s “Mitarkal” and said that in the recent Hindenburg report, it has come to light that apart from Modi’s govt the Chairperson of SEBI was also a part of this game plan. The controversial role of SEBI Chairperson has put the creditability of SEBI at stake, leading to huge internal damage to Indian Stock Market. He said Supreme Court must take Suo-moto cognizance of this serious matter,
Ravinder Sharma said that BJP is in panic after seat sharing between INC-NC in Jammu and Kashmir and BJP is now resorting to negative politics. He said BJP and Home Minister are raising fingers on those parties with whom BJP shared power in J&K and Centre. He said Congress is against politics of hate and division and it never compromises on the issue of terrorism and national interests.