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Questions on Rahul Gandhi's allegations; Anil Ambani becomes the biggest loser businessman in the Modi regime

Tuesday - March 26, 2019 1:00 pm , Category : WTN SPECIAL
Anil Ambani's company's market cap dropped by 32.9 per cent in the five years
Anil Ambani's company's market cap dropped by 32.9 per cent in the five years

Will Rahul Gandhi prove the allegations of nexus between Prime Minister Modi and Anil Ambani?

MAR 26 (WTN) – The Congress President Rahul Gandhi has been accusing from time to time that Prime Minister Narendra Modi has given Anil Ambani a business advantage in his tenure by violating the rules.Not only Rahul Gandhi, but many leaders of the opposition also continues to accuse Prime Minister Narendra Modi that due to Prime Minister Modi, Anil Ambani has benefited of Rs 30,000 crores. But if the data is taken into account, then it is clear that the biggest loser businessman is himself Anil Ambani in the Modi regime.

You might have been surprised by reading the above lines, but if we analyze the Prime Minister Modi's Governance (2014-19), then the statistics show that if the businessmen, who have been badly affected in Modi regime, so the Reliance ADAG Group Chairman Anil Ambani is at the top. At the same time, Rahul Bajaj's Bajaj Group has been the biggest beneficiary during this period.

According to a report from the media, between 2014 and 2019, the biggest loss in the business had to face by the Anil Ambani Group. After the Anil Ambani Group, the Naveen Jindal Group, the Sun Pharma Group, the Bharti Group and the Hero Group had to face loss in the business also. In the beneficiary groups, Bajaj is at the top, followed by Hinduja Group on second and Mukesh Ambani’s Group on the third place.

According to the data from the reports, in the last five years, Anil Ambani's annual income has grown by just 2.3 per cent in Narendra Modi's Prime Ministerial regime. Not only this, Anil Ambani's annual profit has increased by just 6.2 per cent only in the above maintained period. The Congress has been accusing Narendra Modi of helping Anil Ambani, if this were the case, then the loss of 32.9 per cent in the market cap of Anil Ambani's Companies was not recorded in the last five years.

The financial crisis of Anil Ambani is continuously increasing. For your information, let you know that Anil Ambani got the help of Rs 550 crore on behalf of his elder brother Mukesh Ambani, in order to avoid being jailed for helping Ericsson. If Mukesh Ambani had not helped his brother Anil Ambani, and then Anil Ambani could have gone to jail. On the other hand, there are so many market liabilities on Anil Ambani that he is trying to raise capital by selling his companies.

The figures are clear that the Anil Ambani Group has suffered the highest loss in the Modi regime. But the Congress allegations are different, the Congress President Rahul Gandhi has been accusing the Prime Minister Narendra Modi, from time to time, that he (Narendra Modi) has given the benefits of nearly Rs 30,000 crores to Anil Ambani. If Rahul Gandhi's allegations are correct, then why does Anil Ambani’s Group have to bear such a big loss in the market even after getting such a so called huge economic benefits. After all the figures' being in the public domain, does Congress President Rahul Gandhi have any reply?