India’s Modi deflects on Adani links

 

Bloomberg

Indian Prime Minister Narendra Modi continued to deflect opposition pressure over his said links with billionaire Gautam Adani who’s battling allegations of fraud and market manipulation from a US short seller.
Modi spoke in the upper house of parliament, his second speech in the legislature in as many days, amid chants of “Modi-Adani are brothers” from the opposition benches Thursday. Modi ignored the heckling, as he had done a day earlier, and continued to take potshots at the Congress party.
“The Congress only engaged in tokenism and never tried to find permanent solutions to the problems facing the country,” Modi said. “To build modern India, we have focused on creating infrastructure with scale and speed.”
The opposition has been drawing attention to the ties between Adani and the prime minister and to the tycoon’s meteoric growth that mirrors Modi’s own political journey to the top elected office. Modi continued to avoid any direct reference to Adani’s troubles and the opposition allegations.

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