Nexus ofModi-Adani: Exposed | दोस्ती के चक्कर में LIC होगी बर्बाद? | ALOK TRIPATHI SHOW

Описание: Nexus ofModi-Adani: Exposed | दोस्ती के चक्कर में LIC होगी बर्बाद? | ALOK TRIPATHI SHOW
The recent controversy surrounding the Washington Post’s report on LIC’s investments in the Adani Group has again sparked debates over corporate transparency and the Modi government’s alleged proximity to big conglomerates. The Washington Post claimed that India’s largest insurer, the Life Insurance Corporation (LIC), had made heavy investments in Adani’s companies despite questions over valuation and governance raised after the Hindenburg report. LIC, however, dismissed the allegations as “baseless and misleading.”
The issue goes beyond a media spat—it highlights the deep intertwining of state institutions and private capital under the Modi regime. LIC, a public institution built on the savings of millions of ordinary Indians, has been accused of being used as a safety net for politically favored corporate houses. After the Hindenburg revelations in early 2023, Adani Group stocks crashed, wiping out billions in investor wealth. Yet, LIC continued to defend its exposure, calling it “within safe limits.” Critics argue that such statements appear politically motivated, aiming to protect not investors but the image of a government closely tied to corporate elites.
This controversy feeds the broader narrative of “crony capitalism” — where the Modi administration allegedly uses public resources to strengthen a few powerful industrialists. Transparency activists demand that LIC disclose the precise rationale and due diligence process behind its Adani investments. The larger question remains: Is India’s economic policy being shaped to serve public interest or corporate convenience?
While the Washington Post’s report has been labeled “foreign interference” by BJP spokespersons, its findings echo long-standing domestic concerns about regulatory capture and weakening institutions. The incident reveals the fragility of India’s corporate governance ecosystem, where accountability often bends before political influence.
As the debate intensifies, what stands at stake is not just LIC’s credibility but public trust in India’s financial integrity. The government’s aggressive defense of Adani and attack on the Washington Post’s credibility reflect a troubling trend — criticism is met not with facts but with denial and nationalism.

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