Uttam Kumar Reddy in Lok Sabha
Uttam Kumar Reddy in Lok Sabha
Hyderabad: Reiterating the need for the constitution of a Joint Parliamentary Committee to penetrate right into the accusations versus Adani Group, Congress MPCapt N. Uttam Kumar Reddy blew up the Modi Govt for crony industrialism by handing over nationwide possessions to manufacturer Gautam Adani.
Speaking on the Motion of Thanks on the President’s Address in Lok Sabha on Wednesday evening, Uttam Kumar Reddy affirmed that favouritism has actually been done by the BJP Govt to theAdani Group Citing instances, he stated when the bidding process for 6 flight terminals at Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati as well as Thiruvananthapuram was done, the NITI Aayog as well as Finance Ministry had actually seriously challenged prospective buyers such as Adani Group that had no previous airport terminal administration experience. They additionally suggested that no greater than 2 flight terminals be provided to one firm. However, on the direction of the power that be, all guidelines were fine-tuned as well as all 6 flight terminals were provided to theAdani Group The existing standards were disregarded to honor Adani 6 flight terminals for 50 years while earlier giving in arrangements for flight terminals utilized to be for 30 years, he stated.
Uttam Kumar Reddy stated that after Prime Minister Narendra Modi on 22nd May 2014 till currently, Gautam Adani has actually been provided 12 ports as well as terminals, 8 flight terminals, 14 city gas circulation licenses, 27 transmission lines, hundreds of megawatts of power jobs, protection agreements as well as countless various other government jobs. “In several cases, arm twisting was done to force the present promoters of ports and airports to sell off their stakes to Adani. Is it in the country’s interest that 30% of all air and sea traffic cargo is now routed through Adani’s airports and sea ports,” he affirmed.
The Congress MP explained that the Hindenburg record has actually charged the Adani member of the family of running overseas covering firms in tax obligation sanctuaries such as Mauritius, the Caribbean Islands as well as the UAE. Such firms were utilized to misestimate the shares by as long as 1,000% as well as based upon them, substantial finances were obtained from the market, he stated.
Uttam Kumar Reddy stated that adhering to the direct exposure made by the Hindenburg, the market capitalisation of all 10 Adani Group supplies dropped by over 51% with financiers shedding over RS. 10 lakh crore in simply 7 trading sessions. However, he stated that the Finance Ministry did not respond as well as the Stock Exchange Board of India (SEBI) did not action in. “In much smaller cases of corporate misgovernance in the past, Satyam Computers and IL&FS were taken over by the Ministry of Corporate Affairs. The Reserve Bank of India intervened in comparatively smaller financial misdemeanours by the Global Trust Band and Yes Bank. But why are all the Central agencies in silent mode when the world’s biggest scam is unravelling?” he asked while stating the need that a Joint Parliamentary Committee or a Supreme Court- kept track of probe be gotten quickly.
“Why was domestic manufacturing of Rafale assigned to Ambani, not HAL?”
Speaking regarding the Defence Sector, the Congress MP advised that he was a boxer pilot in theIndian Air Force “I have flown Rafale Class aircraft of those years on the China and Pakistan borders. Prime Minister Narendra Modi’s statement the other day at the HAL function was aimed at confusing the country. There was no clarity on why Hindustan Aeronautics Limited (HAL) was not given the offset contract for Rafale manufacturing and why it was given to inexperienced Anil Ambani’s company. The HAL has manufactured several fighter aircraft such as MIG-21, Jaguar, Sukhoi-30, Tejas, etc., Why did the Modi Govt not negotiate technology transfer on the domestic manufacture of Rafale in HAL?” he asked.
“The Agniveer scheme, as an ex-serviceman, I can say that is an ill-conceived scheme. It is not in the interest of the armed forces and national security. It is very strange that when India is fighting a two-front war with China and Pakistan, there is a shortage of defence personnel. The Army, Navy and Air Force are facing a manpower shortage of about 1.5 lakh officers and soldiers. The Air Force is having a 15-20 per cent shortage of fighter pilots,” he stated.
“Modi Govt cheated farmers on MSP Guarantee Law”
Speaking regarding farming, Uttam Kumar Reddy that the President’s insurance claim in her Address of Central Govt providing top priority to Agriculture was factually wrong. There has actually been a year- on-year decline in the budget plan investing by the BJP Govt on the Agriculture & & Allied Sectors.(* )3.8% of the complete budget plan in the From 2022-23, the allowances for year as well as Agriculture in 2023-24 have actually been minimized to 3.1%. Allied Sectors, the variety of recipients of Similarly as well as Fasal Bima Yojna has actually been minimized contrasted to lastPM Kisan Samman Nidhi year additionally charged the He of ripping off the farmers of Modi Govt on the guarantee of the MSPIndia Guarantee Law MP stated that
The Congress, in the Modi Govt 2016, had actually assured to increase the farmers’ earnings by 2022. year was additionally stated in the This address in 2018, 2019 as well as 2020. President’s Joint farmers’ earnings did not raise, the input prices like plant foods, diesel as well as work have actually soared over the last couple of years. While he required. “We demand that the MSP Guarantee Law be introduced immediately, ” additionally charged the
“Modi Govt doing huge injustice with Telangana”
Uttam Kumar Reddy of doing a big oppression toModi Govt Telangana stated the BJP He did not honour the Govt provided at the time of the bifurcation of Presidential Notification in 2014. Andhra Pradesh he stated. “Injustice has been done to Telangana by the BJP Govt in not fulling the assurances given like the establishment of a railway coach factory at Kazipet, a steel plant at Bayyaram, a Tribal University, AIIMS at Bibinagar, the Information Technology Investment Region (ITIR) in Hyderabad and all other assurance given to Telangana,” MP additionally required that
The Congress as well as Boya Valmikis be consisted of in the ST checklist. Kaita Lambadas, he stated that the problem of categorisation of Further is delegated theScheduled Castes State he stated. “On behalf of the people of Andhra Pradesh, I demand the scrapping of the move for the privatisation of Vizag Steel Plant,”
