Adani Case: Jharkhand Congress lashed out at the Centre, demonstrations in blocks on March 6, siege of Raj Bhavan on 13
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In Adani Case Jharkhand Congress Has announced Hallabol against the Narendra Modi government at the Center. Jharkhand Pradesh Congress Committee President Rajesh Thakur has said that on behalf of the party, on March 6, Life Insurance Corporation of India (LIC) and State Bank of India (State Bank of India – SBI) located in all blocks of the state Party leaders and workers will protest in front of the office. Not only this, on March 13, Jharkhand Congress will also protest in front of the Raj Bhavan.
LIC shares fall in price by Rs 52,000 crore
Jharkhand Pradesh Congress President Rajesh Thakur Gave this information by holding a press conference at Congress Bhavan on Sunday (5 March 2023). Addressing the reporters, Rajesh Thakur said that due to continuous selling of Adani Group shares, the value of LIC shares in the company has declined by an astonishing Rs 52,000 crore since December 31, 2022. Their value is now only Rs 32,000 crore.
When will you be held accountable: Rajesh Thakur
Rajesh Thakur said that the profit earned by LIC and its crores of policy holders in these days has all been wiped out. LIC has suffered a huge loss. The Jharkhand Pradesh Congress President has asked the central government who forced this pillar of India’s financial system to indulge in such a risky deal for its favorite businessman. When will you be held accountable for gambling with the savings of the citizens of India?
NSE failed to provide protection to investors
Today, major agencies around the world are reviewing the weightage of Adani group companies. At the same time, the National Stock Exchange (NSE) has failed to take any serious action to protect the investors. On the contrary, NSE announced on 17 February 2023 that an additional 5 companies of the Adani Group, currently drowning in the stock markets, would be included in the 14 indices. Because of this many financial advisors have advised their clients not to invest in these funds.
Harshad Mehta, Ketan Parekh case was discussed in JPC for one year
Congress state president has said that the matter is not just that SEBI rules have been violated. There are many more cases. He insisted that the real issue was political and corporate nexus. He said that only JPC can investigate the matter related to this. The Supreme Court committee will not be able to investigate it properly. He will not even get answers to all the questions. The Harshad Mehta and Ketan Parekh case was discussed in the JPC for almost a year. Apart from State President Rajesh Thakur, State General Secretary Binay Sinha Deepu, Spokesperson Rajiv Ranjan Prasad, Dr. M. Tauseef, President of Ranchi Metropolitan Dr. Kumar Raja and others were present in the press conference.
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