Active Stocks
Thu Mar 28 2024 14:59:25
  1. Tata Steel share price
  2. 156.00 2.06%
  1. HDFC Bank share price
  2. 1,452.00 0.78%
  1. ITC share price
  2. 429.85 0.43%
  1. Power Grid Corporation Of India share price
  2. 277.70 2.45%
  1. State Bank Of India share price
  2. 754.75 2.82%
Business News/ Politics / Policy/  Rahul tears into Modi’s ‘toffee model’ development in Gujarat
BackBack

Rahul tears into Modi’s ‘toffee model’ development in Gujarat

Gujarat model of development is nothing but loot of public money to benefit big people like Tata and Adani, says Rahul Gandhi

Rahul Gandhi said Modi had given away 45,000 acres belonging to poor farmers and the size of Bihar’s Purnea district to a single person (Adani) at a rate of rupees one per sq metre ‘which is equivalent to the price of a toffee’. Photo: Pradeep Gaur/MintPremium
Rahul Gandhi said Modi had given away 45,000 acres belonging to poor farmers and the size of Bihar’s Purnea district to a single person (Adani) at a rate of rupees one per sq metre ‘which is equivalent to the price of a toffee’. Photo: Pradeep Gaur/Mint

Kisanganj: Congress vice-president Rahul Gandhi on Tuesday tore into Narendra Modi’s ‘toffee model´ development of Gujarat saying it was nothing but loot of public money. “Gujarat model of development can be called toffee model or ‘gubbara’ (ballon) model, which is nothing but loot of public money to benefit big people like Tata and Adani," Gandhi told an election rally in minority-dominated Kisanganj.

In his 20-minute-long speech, Gandhi cited many instances to ‘reveal the truth’ of the Gujarat model of development and blamed Bharatiya Janta Party (BJP) for selling the idea across the country with the aim to make Narendra Modi prime minister. Elaborating his charge of ‘toffee model’ development by Modi, the congress vice-president said he had given away 45,000 acres belonging to poor farmers and the size of Bihar’s Purnea district to a single person (Adani) at a rate of rupees one per sq metre ‘which is equivalent to the price of a toffee’. He gave away the entire stretch of land at a paltry sum of 300 crore, Gandhi claimed adding prized land equivalent to the size of Mumbai and near the coast was given away to the same person for only 30 crore.

Modi had also provided 10,000 crore loan to Tata Motors for its Nano car project at 0.1% interest, while the common man get loan from banks at 12% interest. “For every Nano car, the Gujarat government is providing 40,000 assistance," Gandhi said. “The total budget of the Gujarat government on education, health and other welfare is less than 10,000 crore," he asserted. PTI

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 16 Apr 2014, 03:00 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App