Mr. Modi has given Mr. Adani 15,946.32 acres of land for Rs 1 to Rs 32 per sq m, waiving aside rules and regulations. In comparison to this Re. 1, Maruti Suzuki, Tata Motors, TCS, Ford India and Torrent Power have paid between 670 to 6,000 times more per sq m. Gujarat Government reports state that other than the Adani Group, no company has been given land at such throwaway prices. Under Mr Modi's rule, Mr Adani's fortunes have flourished, rising from $765 million in 2002 to $8.8 billion in 2013. Is this Mr Modi's definition of being pro-business and pro-market? Economists describe such actions - denying the right to competitive bidding and giving favours to just one industrialist as crony capitalism. Is Mr Modi truly pro-business or is he just pro-Adani?
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Mr. Modi has given Mr. Adani 15,946.32 acres of land for Rs 1 to Rs 32 per sq m, waiving aside rules and regulations. In comparison to this Re. 1, Maruti Suzuki, Tata Motors, TCS, Ford India and Torrent Power have paid between 670 to 6,000 times more per sq m. Gujarat Government reports state that other than the Adani Group, no company has been given land at such throwaway prices. Under Mr Modi's rule, Mr Adani's fortunes have flourished, rising from $765 million in 2002 to $8.8 billion in 2013. Is this Mr Modi's definition of being pro-business and pro-market? Economists describe such actions - denying the right to competitive bidding and giving favours to just one industrialist as crony capitalism. Is Mr Modi truly pro-business or is he just pro-Adani?
Get latest updates on Indian National Congress through our website: http://inc.in
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Shri Narendra Modi talks of having made Gujarat the new investment gateway to India. But the figures don't add up. Check out the dramatic difference between Modi's maths and the real numbers.
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