A report by US-based Hindenburg Research came out on January 24, claiming that the Adani group has weak business fundamentals, and is involved in stock manipulation and accounting fraud, among others
Amid the ongoing Hindenburg-Adani row, the Congress will launch a protest from Parliament to the streets on Monday. The party has decided to hold countrywide protests in front of Life Insurance Corporation (LIC) offices and State Bank of India (SBI) branches.
On behalf of NSUI-Youth Congress in Delhi, demonstrations will be held outside the SBI office and LIC office located at the Parliament Station.
Congress leaders across the country will protest outside the SBI office and LIC office, in which big leaders of the states will participate.
Congress MPs will stage a sit-in near the Gandhi statue in Parliament House on Monday.
Although the Congress is getting support from other opposition parties on the Adani issue, it remains to be seen whether parties like Bharat Rashtra Samithi, Aam Aadmi Party and Trinamool Congress, which are seen together in the meetings, join the Congress or not. Demonstration or extension of moral support.
However, the Bahujan Samaj Party (BSP) and the Janata Dal (Secular) have distanced themselves from the Congress on this issue.
It is being argued from the opposition side that the investment of the Adani group in public sector banks like SBI and LIC has had a big impact on the savings of the middle class.
Opposition MPs said that the government is not allowing the issue to be discussed in Parliament. After the uproar in Parliament, the proceedings of both the Houses of Parliament were adjourned till February 6.
Earlier on Friday, the Congress and 16 opposition parties demanded a Joint Parliamentary Committee (JPC) or Supreme Court-monitored probe against the Adani Group alleging a scam in the Hinduberg Report.
Congress President Mallikarjun Kharge had said that keeping in mind the public interest, the party wants an inquiry. He said that there should also be daily reporting of the investigation on this issue.
A report by US-based Hindenburg Research surfaced on January 24, claiming that the Adani group had weak business fundamentals, and was involved in stock manipulation and accounting fraud.
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