Fri. Mar 1st, 2024

Prime Minister Narendra Modi on Wednesday got here down closely on the Congress within the Rajya Sabha for “spreading lies and fake information” about LIC, saying that “the opposition unfold rumours about LIC, however right this moment its shares are buying and selling at document excessive value”.

The Prime Minister stated the “Congress made silly, baseless and negative statements about LIC and other PSUs”, including, “It is the Congress which destroyed the PSUs as a substitute.”

“It is the old habit of the Congress to misrepresent facts and create confusion, ” stated Modi whereas replying to the Motion of Thanks on the President’s Address within the Rajya Sabha on Wednesday.

Hitting out on the Congress, the Prime Minister stated that public sector endeavor (PSU) shares are giving good returns now.

People’s confidence is bettering in PSU shares, the Prime Minister stated, as he shared some key information and inputs within the Upper House to buttress his views that LIC and HAL are making progress in what contradicts the claims of the opposition that these PSUs are in dangerous form.

Modi’s candid reply assumes significance within the gentle of Congress chief Rahul Gandhi’s allegations final yr that the LIC was “forced to make investments to save the Adani Group, putting people’s life savings in danger”.

The Adani Group had then outright dismissed the allegations as baseless.

Congress’ “fake” marketing campaign on this challenge was seen because the grand previous get together’s try of fear-mongering about LIC investments. Now, the PM has made it clear that LIC is hovering excessive in what comes as a powerful rebuttal of Congress’ allegations.

Similarly, forward of the 2019 Lok Sabha elections, Rahul Gandhi had run a marketing campaign towards Modi, accusing him of “weakening” HAL to assist his “suit-boot” pal. In reality, the Congress was alleging that the federal government favoured an industrialist pal over HAL within the Rafale jet deal.

The prime Minister’s reply within the Rajya Sabha uncovered the Congress’ “fake campaign” and “blatant lies” on the difficulty of PSUs being weakened by the federal government.

“I was born in an Independent India and my dreams are independent. Congress said we sold PSUs and destroyed them. I want to ask them, who destroyed BSNL and MTNL? Recall the state of Hindustan Aeronautics under Congress. They destroyed HAL and Air India. Congress and UPA cannot run away from their failures, ” the PM stated.

He additional defined how HAL is now displaying document income era and has change into Asia’s largest helicopter manufacturing manufacturing unit.

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