Modi tweaks rules to favour Adani in ₹45,000 crore submarine deal   

As Indian masses struggle through recession, inflation and unemployment, PM Modi goes beyond rules to hand over ₹45,000 crore submarine project to close friend Gautam Adani

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NH Web Desk

As Indian masses struggle through recession, inflation and unemployment, PM Modi goes beyond rules to hand over ₹45,000 crore submarine project to close friend Gautam Adani.

Adani Defence JV along with Hindustan Shipyard Limited (HSL)  has been allowed to participate in a ₹45,000 crore submarine project, the Congress party has alleged.

In a sensational revelation, Congress has accused that the Modi government has flouted Defence Procurement Procedure - 2016 (DPP) to include Adani’s company in the project.

Head of the Congress media cell, Randeep Surjewala apprised the press how Modi government and the PMO overruled suggestions made by the Navy's empowered committee.

An empowered committee of the Indian Navy headed by Navy’s Controller of Warship Production and Acquisition rejected Adani’s bid because his company was not found to be eligible.

However, by overruling the decision made by the empowered committee, the Modi government allowed Adani Defence JV to take part in the project.

Adani’s company sought to manufacture submarines based on a clause wherein its experience of setting up and running a power plant is counted which is in the complete violation of the procedure.

Empowered Committee of the Indian Navy shortlisted two entities – 1) government-owned Mazagaon Dock Shipbuilders Limited and 2) Larsen and Toubro, but PMO directed consideration of Adani JV.

Demanding answer from the Modi Government, Congress asked:

Adherence to DPP 2016 is compulsory. Why has the government violated the rules?

Adani Defence or HSL had not constituted any special purpose vehicle till the last date of submission of the request, which is mandatory for such bidding. Then, why has the Defence Ministry not scrutinized it thoroughly?

Why the government diluted the credit rating categorization?, when Adani’s company was given “BBB” for a project valued at ₹45,000 crores  while A or A+ category is mandatory for a project worth ₹1000 crore or above.

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