Nirmala Sitharaman on Adani issueIn her first cautious reaction to the ongoing Adani controversy, Union Finance Minister Nirmala Sitharaman tonight said, “It is not a government-related matter, regulators are looking into it”.
Tonight at the India TV Budget Conclave, in a special show ‘Aap Ki Adalat’, when asked by Rajat Sharma what the government should do about the Adani controversy, Sitharaman said, “It is not a matter of the government, watch the regulator.” Have been” (It’s not a government issue, regulators are looking into it).
The Finance Minister said, “State Bank of India and Life Insurance Corporation of India have already issued statements clarifying that their exposure is not high. These are their statements. What more should I add?”
Rajat Sharma: What do you have to say about the opposition’s demand for a JPC probe?
nirmala sitharaman: “I don’t want to say more on this.”
Rajat Sharma: Even Robert Vadra has commented on the Adani case.
nirmala sitharaman, He said, “Has he come clean on the land acquired in Haryana and Rajasthan? He should know that if you point one finger towards someone, the other three fingers are towards him. But look at his confidence. “
The Finance Minister said, ‘I do not want to name anyone, but there are some state governments which invited industrialists to set up projects. Modi ji never does this. They always prefer open and transparent bidding through tenders. The Rajasthan government gave the land. for his project. The Communist government in Kerala invited him to take forward the port project. If you (the Left) don’t like them, ja kar hata do ji (go and remove them)”.
Rajat Sharma: Opposition wants to protest outside SBI, LIC offices.
nirmala sitharaman: “Vipkon mein karna padta hai, karein” (They have to do it in the opposition. Let them do it)
On the standoff in Parliament on the Adani issue, Sitharaman hit out at the Congress, saying: “They do this on every issue, whether it’s the Panama Papers, or China. During Congress rule, they stood up on the LAC citing national security reasons.” declined to discuss. It seems so.” Congress has lost its ability to ask questions and listen to answers.”
On a Bloomberg report on FIIs (foreign institutional investors) pulling out several billion dollars from the Indian market in recent days, Sitharaman replied: “I can’t comment without knowing it. It could be because of the US Fed’s interest rates.” FII funds exit quickly. When rates are high. Can’t be one factor, can be 10 to 12 factors.”