Home / News / Rahul Gandhi on Adani's growth in richest persons' list: 'Wonder if a miracle happened in his favour'

Taking a veiled jibe at the Central government, Rahul Gandhi said he wonders if any ‘miracle’ happened in his favour that his ranking in the richest persons’ list rose from 609 in 2014 to two in 2022. Speaking in Parliament amid an uproar over the Hindenburg report on Gautam Adani, Rahul Gandhi said Gautam Adani was ranked 609 on the list of richest persons globally in 2014. And then he reached the second spot (in 2022).

“I wonder if any miracle occurred in his favour," Rahul Gandhi said in Parliament in a veiled jibe at the Centre. Listed are the allegations Rahul Gandhi made in Lok Sabha:

1. From Tamil Nadu, Kerala to Himachal Pradesh we have been listening to one name everywhere 'Adani'. Across the entire country, it's just 'Adani', 'Adani', 'Adani'...people used to say to me that Adani enters any business and never fails."

2. During the Bharat Jodo Yatra, “the youth asked us that Adani is now in 8-10 sectors and how his net worth reached $140 billion from $8 billion from 2014 to 2022."

3. "Only Adani is being talked about from apples of Kashmir, Himachal to ports, airports and even the roads we are walking on."

4. Shifting his address in Parliament to the alleged relationship between PM Narendra Modi and Gautam Adani, Rahul Gandhi said, “During the yatra, people asked me how [has] Adani attained such success in so many sectors, what is his relationship with [the] PM." 

5. "Relationship begins many years ago when Narendra Modi was Gujarat CM...one man stood shoulder to shoulder with PM Modi, he was loyal to PM and helped Mr Modi to construct the idea of a Resurgent Gujarat."

6. "Real magic began when PM Modi reached Delhi in 2014."

7. Rahul Gandhi further alleged that rules in India were changed by the Central government for “friends" in businesses. “There's a rule who doesn't have prior experience in airports can't be involved in the development of airports. This rule was changed by the Government of India. This rule was changed and Adani was given six airports."

8. The Congress MP alleged, “After that India's most profitable airport 'Mumbai airport' was hijacked from GVK using agencies like CBI, and ED and was given to Adani by the Centre."

9. Making further allegations about the alleged “favour" to Gautam Adani by the Centre, Rahul Gandhi said, “PM Modi goes to Australia and by magic, SBI gives $1 billion loan to Adani. Then he goes to Bangladesh & then the Bangladesh Power development board signs a 25-yrs contract with Adani."

10. “In 2022, the Chairman of Sri Lanka electricity board informed the parliamentary committee in Sri Lanka that he was told by Pres Rajpaksa that he was pressured by PM Modi to give a wind power project to Mr Adani. This isn't India's foreign policy, it's a policy for Adani's business."

Chanchal is a chief content producer at LiveMint. Chanchal is obsessed with Google incognito. She likes writing, politics, Oxford comma, Eddie Vedder, and a good keyboard. Follow her @chanchaltracks. If you have a story idea, send her a mail at chanchal@htdigital.in
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Recommended For You
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout