This Adani 'topi-pehnau-ed' this wonderful nation: Mahua Moitra in Lok Sabha

News Network
February 8, 2023

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New Delhi, Feb 8: TMC MP Mahua Moitra on Tuesday launched a stinging attack on the government over the Adani-Hindenburg issue and said the billionaire businessman had 'topi-pehnau-ed (duped)' the country.

While participating in the debate on the 'Motion of Thanks to the President's Address' in Lok Sabha, Moitra, without naming Adani, said that a famous person whose name starts with 'A' and ends with 'I' and is not Advani, who stinks of crony capitalism, had duped everyone.

Soon after she concluded her speech, there were angry exchanges between Trinamool Congress (TMC) and BJP members. Moitra was heard using certain objectionable words to which the Chair objected and urged members to avoid cuss words.

Parliamentary Affairs Minister Pralhad Joshi asked Moitra to apologise out of morality and said if she does not it would reflect on her culture.

Moitra brought two birthday caps to the House to press her argument that the businessman being most talked about had "topi-pehnau-ed" the government.

She demanded that an enquiry be ordered against the activities of the Adani group.

Beginning her address by quoting from President Droupadi Murmu's address, Moitra said, "Every word I utter is going to be an oblation and offering a truth into my 'maha yagna' of nation building."

"I want to start off by saying as an ex-investment banker, I want companies to thrive. But I want honest, hardworking Indian companies to strive and not trapeze artists. As an MP colleague of mine likes to say the Chair always asked me not to get angry. I will not be angry about what I have to say. I will only say that we've all been fooled," she said.

Moitra also alleged that the businessman gives the impression that doing things for him means that one would be in the prime minister and home minister's good books.

Referring to a statement by the Adani group in which it had said that short-seller Hindenburg's report was a calculated attack on India, she said, "The pride of India is not the wealth of one individual, pride of India lies in the robustness of its institutional structures."

She said a company which is in infrastructure makes five to 15 per cent returns if they are lucky and if they get everything right, but the multiple with which this company 'A' was trading was absolutely outrageous.

Even Google, Amazon and Microsoft don't trade on such multiples, she said.

"Honourable home minister, he has topi-pehnau-ed you...he is getting security clearances from the ministry of home affairs...Madam, finance minister he has topi-pehnau-ed you," the TMC leader said.

"This man has been allowed to use LIC, and SBI to get money as and when he likes. Honourable civil aviation, he has 'topi-pehnau-ed', you shipping minister, he has topi-pehna-ed you petroleum minister, he has 'topi-pehnau-ed' oil PSUs...power minister he has topi-pehnau-ed you," she said.

"India is on its way to becoming the third largest economy in the world. Don't let him smear your time in government, with a stink of crony capitalism. Please immediately order a full complete and thorough investigation into all matters...Our country's reputation is at risk," Moitra said.
She also said the House to has historically seen some of the greatest debates, some friendly, some not-so-friendly sparring matches.

"But it is more and less a sacred place where elected representatives could speak their minds without fear of favour...Today and I say this with a heavy heart, Lok Sabha is a space which stands out more for what cannot be said in this hall, then what can we say. The list of unmentionables is actually far longer than the list of mentionables," she claimed.

"We cannot say China, we cannot say Pegasus, we can not say BBC, we cannot say Morbi, we cannot say Rafael, and sometimes we cannot even say Modi ji...," she said.

The Opposition has been demanding a joint parliamentary committee probe or a Supreme Court-monitored investigation into the allegations of fraud and manipulation made by the US-based short seller Hindenburg Research against billionaire Gautam Adani's companies that triggered an unprecedented stock crash. The group has denied the charges.

The opposition parties have alleged that the meltdown in Adani Group shares is a 'mega scam' that involves common people's money as public sector LIC and SBI have invested in them and have questioned the government on steps taken by it.

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News Network
July 17,2024

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Kalaburagi, July 17: BJP leader Manikanth Rathod has been arrested in connection with theft of rice meant for Anna Bhagya scheme, police said on Wednesday.

The Shahapur police arrested Rathod from his residence in the district headquarter town of Kalaburagi.

"Manikanth has been arrested in connection with the theft of 6,077 quintals of rice worth more than Rs two crore from a government warehouse in Shahapur in Yadgir district," the sources said.

The BJP leader was summoned by the police to appear before it for questioning, which he ignored due to which he was arrested.

Rathod had contested the 2023 assembly election on the BJP ticket against Congress president Mallikarjun Kharge's son Priyank Kharge and lost.

Anna Bhagya scheme offers 10 kg food grains to each member of the family belonging to the economically weaker sections of the society every month.

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Agencies
July 12,2024

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New Delhi: Retail inflation increased to 5.08 per cent in June as kitchen items became dearer, according to government data released on Friday.

The Consumer Price Index (CPI) based retail inflation was 4.8 per cent in May 2024 and 4.87 per cent in June 2023 (previous low).

Inflation in the food basket was 9.36 per cent in June, up from 8.69 per cent in May, according to the data released by the National Statistical Office (NSO).

The government has tasked the Reserve Bank of India (RBI) to ensure that the CPI inflation remains at 4 per cent with a margin of 2 per cent on either side.

The RBI projected the CPI inflation for 2024-25 at 4.5 per cent, with Q1 at 4.9 per cent, Q2 at 3.8 per cent, Q3 at 4.6 per cent, and Q4 at 4.5 per cent.

The central bank mainly factors in the retail inflation while deciding its bi-monthly monetary policy.

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News Network
July 18,2024

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Mangaluru, July 18: Dozens of passengers had a narrow escape after a fire erupted in the engine of a KSRTC Airavat bus traveling from Bengaluru to Mangaluru at Uppinangady on National Highway 75 on Thursday morning.

The fire was quickly extinguished by the driver and conductor of the bus with the help of local residents.

At around 6:30 am on Thursday, as the bus reached Subrahmanya Curve in Uppinangady, smoke began to fill the interior. Upon stopping the bus, the fire in the engine intensified.

Panchayat staff Isaac and Iqbaal, along with local residents Snake Zakariya, Siddik Koppal, and Joy, rushed to the scene and helped extinguish the fire using water and sand from the riverbank. They had been observing the flood situation in the river from the roadside when they noticed the smoke.

The bus had departed from Bengaluru on Wednesday night at 10:30 pm. Due to traffic congestion in the Shiradi Ghat section, there was a three-hour delay. The fire erupted when the bus finally reached Uppinangady.

The passengers were transferred to another bus, according to Airavat bus conductor Ashok Jadhav.

Traffic movement was affected as the bus was parked on the road after the fire was spotted, causing a one-kilometer-long line of vehicles on both sides of the highway.

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