A recent meeting between Karan Adani, Managing Director of Adani Ports & SEZ, and Telangana Chief Minister Revanth Reddy has ignited a political firestorm. The Bharatiya Janata Party (BJP) has criticized the Congress party for alleged double standards, pointing to their earlier protests against the Adani Group. Union Minister Pralhad Joshi demanded an apology from Congress for disrupting Parliament over Adani-related allegations while engaging in discussions with Adani representatives.
Adding to the controversy, the Bharat Rashtra Samithi (BRS) accused the Congress of inconsistency. They highlighted the contrasting stances of Rahul Gandhi, who criticized the Adani Group, and Revanth Reddy’s meeting with Karan Adani. The BRS spokesperson, Dasoju Sravan, suggested a possible alliance between Reddy and the BJP’s Narendra Modi, implying a shift in allegiances.
However, Telangana’s IT and Industries Minister, Sridhar Babu, emphasized the state’s priority for development. Babu defended the meetings as essential for the state’s progress, dismissing allegations of political motivations. He clarified that the state aims to support all entrepreneurs for the betterment of Telangana.
Simultaneously, the Supreme Court declined to intervene in the Securities and Exchange Board of India (SEBI) investigation into the Adani-Hindenburg case. The court’s decision upholds SEBI’s authority, further intensifying scrutiny on the Adani Group’s activities.