609th to 2nd on rich list: How did Adani rise so fast, asks Rahul

NT Correspondent

New Delhi: Leading the Opposition attack over the Adani-Hindenburg issue in Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani’s meteoric rise to Prime Minister Narendra Modi’s coming to power and said “magic” happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.

“How many times did Adani ji join you later on a visit? How many times Adani ji travelled to a country immediately after you visited the country? How many times has Adani ji bagged a contract in a foreign country after your visit there?” Gandhi said. He asked how much money Adani has given to the BJP in the last 20 years, including through electoral bonds. Speaker Birla asked Gandhi to focus on the President’s address.

“There should be a case study on Adani by business schools such as Harvard, on how the relationship between business and politics works, India is a case study… PM Narendra Modi should get a gold medal in this” Gandhi said.

Gandhi also hit out at Modi for slamming the Opposition over its criticism of the Rafale deal by allegedly overlooking the capabilities of Hindustan Aeronautics Limited (HAL). “Yesterday the prime minister said at HAL that we hurled wrong allegations. But in reality, HAL’s contract of 126 aircraft went to Anil Ambani, who then went bankrupt,” Gandhi said.

Gandhi, who just completed his over 4,000 km Bharat Jodo Yatra, said people asked him how Adani got into so many businesses and succeeded, as well as what is the nature of his relationship with the prime minister.

“From Tamil Nadu, Kerala to Himachal Pradesh, Kashmir, we have been listening one name everywhere ‘Adani’. Across the entire country, it’s just ‘Adani’, ‘Adani’, ‘Adani’…,” Gandhi said. He said that during the yatra people also asked him how Adani’s net worth increased from USD 8 billion to 140 billion between 2014 and 2022.

“The (Adani-Modi) relationship began many years ago when Narendra Modi was Gujar at CM. When most of India was asking questions of the prime minister, was against the PM (then CM Narendra Modi), one man stood shoulder to shoulder with PM Modi, he was loyal to the prime minister and helped Mr Modi construct the idea of a resurgent Gujarat,” Gandhi said.

Adani was the backbone in setting up a group of businessmen in Gujarat, he said, adding that the result was a tremendous expansion of Adani’s businesses in Gujarat.

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