LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

PM Narendra Modi says not afraid of being seen with industrialists, opposition hits back

The opposition has been critical of Modi government`s inaction while persons like Vijay Mallya, Nirav Modi, Choksi, Jatin Mehta and Lalit Modi easily flew out of the country after being accused of committing huge financial frauds.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
PM Narendra Modi says not afraid of being seen with industrialists, opposition hits back
Congress responded to his remarks saying he should not lend his legitimacy and respectability to "crony capitalists". Image source: PTI
Written By: PTI
Updated: Mon, Jul 30, 2018
08:13 am
PTI
RELATED NEWS
Gujarat Elections Final Results Till Now: PM Narendra Modi bows to people of Gujarat for faith, affection towards BJP Gujarat Elections Final Results Till Now: PM Narendra Modi bows to people of Gujarat for faith, affection towards BJP
PM Kisan Samman Nidhi 8th installment: Know when  Rs 6,000 amount will be credited into your account-Steps to check your name, transaction details in beneficiaries list  PM Kisan Samman Nidhi 8th installment: Know when Rs 6,000 amount will be credited into your account-Steps to check your name, transaction details in beneficiaries list
CBSE, ICSE, state Board class 10, class 12 exams: PM Modi has important message for students CBSE, ICSE, state Board class 10, class 12 exams: PM Modi has important message for students
REVEALED: 'Laga bhi diya...' - What PM Narendra Modi told nurse P Niveda after COVID-19 vaccine shot REVEALED: 'Laga bhi diya...' - What PM Narendra Modi told nurse P Niveda after COVID-19 vaccine shot
Covid 19 vaccination drive 2nd phase: PM Narendra Modi takes first dose of Covid 19 vaccine at Delhi AIIMS Covid 19 vaccination drive 2nd phase: PM Narendra Modi takes first dose of Covid 19 vaccine at Delhi AIIMS

Hitting back for the first time at critics who questioned his perceived friendly relations with corporates, Prime Minister Narendra Modi on Sunday said that unlike "some people" he was "not afraid of" publicly standing beside industrialists and business magnates because his intentions were "noble".

In response, the Congress responded to his remarks saying he should not lend his legitimacy and respectability to "crony capitalists" while Delhi Chief Minister and Aam Adami Party leader Arvind Kejriwal called it "an unsuccessful try" as people were now raising questions.

In his address at a government-industry interface in Lucknow as he inaugurated several development projects for Uttar Pradesh, Modi said industrialists too contribute to nation building and it was not right to label them all as thieves but those who do wrong "will have to leave the country" or live in jail.

"We are not the people who will be afraid of standing beside industrialists. You would be knowing some people (who are such) that you would not find a single photo of them with an industrialist/businessman. But there is not a single businessman in this country who would not have gone to these people`s places and bowed to them in reverence," he said.

"If your intentions are noble, you won`t be tainted no matter with whom you are standing," Modi said, adding that Mahatma Gandhi never had any qualms about living in the Birla household. 

The opposition has been targeting Modi over his picture at Davos economic forum in January this year with fugitive diamondaire Nirav Modi who is at the centre of multi-thousand crore Punjab National Bank (PNB) scam besides the Prime Minister`s perceived closeness with another fugitive, Mehul Choksi, whom he once publicly addressed as "Mehul bhai".

The opposition has also been critical of Modi government`s inaction while persons like Vijay Mallya, Nirav Modi, Choksi, Jatin Mehta and Lalit Modi easily flew out of the country after being accused of committing huge financial frauds.

The Congress has of late also targeting Modi for allegedly giving the offset contract in the Rafale jet deal with France to "one of his corporate friends" at the expense of state-owned Hindustan Aeronautics Ltd.

"Mahatma Gandhi never hesitated standing beside (Ghanshyam Das) Birlaji because his intentions were right. But those who do things behind the curtain and wish not to be seen publicly (with corporates), they are afraid," Modi said.

"Just as much as the labour of a farmer, an artisan, a banker, a government employee or a labourer goes into the making of the nation, the efforts of industrialists too have a role in nation building. Should we insult them, call them thieves and robbers? Is this the way?

"But yes, whoever (among corporates) does the wrong, he will either have too leave the country or live in jail. This would not happen earlier because a lot happened behind the curtains then." 

Addressing a media conference in Delhi later, Congress spokesperson Manish Tewari said "If the Prime Minister feels alright to be photographed with such people, who allegedly ripped off the banking system, and run away to Antigua and London or probably disappear from the earth, then I leave it to the Prime Minister`s wisdom to lend his legitimacy and respectability to such people." 

WATCH ZEE BUSINESS VIDEO HERE

"The question is not the capitalists or industrialists. The question is what kind of capitalists or industrialists," he said, while stressing his party was not against industrialists and capitalists, but against "crony capitalists".

Tewari also hit out at Modi for comparing himself with Mahatma Gandhi. 

Kejriwal questioned Modi`s closeness with those who looted the country and all the investigating agencies failed to nab.

"Giving a contract of the Air Force to a 10-day old company and whose owner is a friend of PM. All these are raising questions among the people. Sir, your clarification is unsuccessful try," he said in a tweet in Hindi.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Narendra ModiRahul Gandhi
RELATED NEWS
Gujarat Elections Final Results Till Now: PM Narendra Modi bows to people of Gujarat for faith, affection towards BJP Gujarat Elections Final Results Till Now: PM Narendra Modi bows to people of Gujarat for faith, affection towards BJP
PM Kisan Samman Nidhi 8th installment: Know when  Rs 6,000 amount will be credited into your account-Steps to check your name, transaction details in beneficiaries list  PM Kisan Samman Nidhi 8th installment: Know when Rs 6,000 amount will be credited into your account-Steps to check your name, transaction details in beneficiaries list
CBSE, ICSE, state Board class 10, class 12 exams: PM Modi has important message for students CBSE, ICSE, state Board class 10, class 12 exams: PM Modi has important message for students
REVEALED: 'Laga bhi diya...' - What PM Narendra Modi told nurse P Niveda after COVID-19 vaccine shot REVEALED: 'Laga bhi diya...' - What PM Narendra Modi told nurse P Niveda after COVID-19 vaccine shot
Covid 19 vaccination drive 2nd phase: PM Narendra Modi takes first dose of Covid 19 vaccine at Delhi AIIMS Covid 19 vaccination drive 2nd phase: PM Narendra Modi takes first dose of Covid 19 vaccine at Delhi AIIMS

LATEST NEWS

LIVE: Gujarat Taluka Panchayat Elections Results 2021: BJP wins 1036 seats - Check latest news updates, seats details here

LIVE: Gujarat District Panchayat Elections Results 2021: Check latest local body polls seats, trends, news updates here

7th Pay Commission latest news today: Central government employees alert! This premium is part of your allowance

CISCE Exam 2021: Dates for ICSE and ISC exams announced - Class 10, class 12 students, check here the exam dates and other useful updates!

Airtel buys radiowaves worth Rs 18,699 cr; VIL says spectrum acquired in 5 circles to boost 4G play

Heranba Industries IPO: Allotment to be out today I Retail Investors anxious and nervous

JEE Main answer key 2021 released on jeemain.nta.nic.in-check how to raise objection

Samsung Galaxy A12 Review: Smartphone ticks the right boxes in budget segment

SBI Home Loan EMI Calculator: Save more than Rs 2000 per month on Rs 50 lakh loan - here is how

Railway Recruitment 2021: Government jobs for 10th pass - Rush and apply for 2532 vacant posts

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved