NEW DELHI: Congress on Wednesday levelled recent charges of crony capitalism in opposition to the government, alleging that the Gujarat executive has arrange a committee which is tasked in a fashion that is in contravention of Supreme Court orders and is intended to favour “preferred industrialists”.
Alleging a “massive power rip-off” worth Rs 88,000 crore, former Gujarat minister Shaktisinh Gohil and senior Congress member Jairam Ramesh said the Gujarat executive was “operating under the instructions of the Centre” to provide “relief” to power companies owned through Adani, Tata and Essar.
Calling them “pals” of the Modi executive, Congress said the call for to increase power tariffs agreed upon in power acquire agreements (PPA) was became down through regulatory government within the state and the Centre, through the appellate tribunal as well as SC.
Citing the Gujarat case as an example of “crony capitalism”, Ramesh said, “Even although SC ruled the call for for an building up in tariff through the 3 companies was unfounded, and that tariff must stay what was agreed upon within the PPA signed in 2007, the Gujarat executive issued a notification on July three, 2018 and arrange a three-member committee mandating it with recommending tactics to provide relief to these crony companies.”
Gohil additionally demanded that the matter be investigated under the supervision of the SC. “The companies are bound to endure both profit and losses as per PPA. If these companies fail to fulfil their tasks as per the contract, they must be blacklisted... and the loss suffered through the general public must be recovered from them,” Gohil said.
Alleging a “massive power rip-off” worth Rs 88,000 crore, former Gujarat minister Shaktisinh Gohil and senior Congress member Jairam Ramesh said the Gujarat executive was “operating under the instructions of the Centre” to provide “relief” to power companies owned through Adani, Tata and Essar.
Calling them “pals” of the Modi executive, Congress said the call for to increase power tariffs agreed upon in power acquire agreements (PPA) was became down through regulatory government within the state and the Centre, through the appellate tribunal as well as SC.
Citing the Gujarat case as an example of “crony capitalism”, Ramesh said, “Even although SC ruled the call for for an building up in tariff through the 3 companies was unfounded, and that tariff must stay what was agreed upon within the PPA signed in 2007, the Gujarat executive issued a notification on July three, 2018 and arrange a three-member committee mandating it with recommending tactics to provide relief to these crony companies.”
Gohil additionally demanded that the matter be investigated under the supervision of the SC. “The companies are bound to endure both profit and losses as per PPA. If these companies fail to fulfil their tasks as per the contract, they must be blacklisted... and the loss suffered through the general public must be recovered from them,” Gohil said.
Cong: Gujarat move to aid power firms is crony capitalism
![Cong: Gujarat move to aid power firms is crony capitalism]()
Reviewed by Kailash
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August 23, 2018
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