The National Secretariat of the Communist Party of India has been repeatedly pointing out that the pro-corporate and pro-big business policies adopted by the RSS-BJP combine government led by Narendra Modi are resulting in the loot of national and natural assets by Adani and others. The public sector enterprises including LIC have been asked by the Modi government to invest in Adani companies’ shares.

The Adani group is now having control over seaports, airports and profit-making public-sector enterprises. The sudden growth of Adani group after Modi came to power is proof of the patronage received from the government. The investors including the average Indian investor and the public sector units are already under heavy loss due to alleged manipulations by the Adani group.

The CPI demands thorough probe into all the deals of Adani group by competent authorities so that further loss can be averted. Party also demands exemplary punishment to all those responsible for the loot of the national and natural assets.