Amid the growing resentment over preferential treatment to the Gautam Adani-led conglomerate, which is facing flak after a US short-seller Hindenburg Research accused it of alleged accounting malpractices and manipulating stocks, the resurgence of a report that the Finance Ministry and the Niti Aayog had flagged objections to the Adani Group’s bid could put more focus on the ruling Modi government.
Opposition parties have rallied against the BJP government, under whose regime they claim the company’s fortunes multipled. Congress leader Rahul Gandhi attacked the Narendra Modi-led BJP government over the Adani issue during the Budget Session on Tuesday.