Rahul Gandhi Accuses PM Modi of Favoring Rich Businessmen, Calls Electoral Bonds “Sophisticated Extortion Scheme

Rahul Gandhi Accuses PM Modi of Favoring Rich Businessmen, Calls Electoral Bonds “Sophisticated Extortion Scheme”

In a scathing attack on Prime Minister Narendra Modi, senior Congress leader Rahul Gandhi alleged that the PM is aiding wealthy businessmen in the country while employing sophisticated tactics akin to extortion. Gandhi’s remarks came amidst the ongoing controversy surrounding electoral bonds, which he labeled as a form of intimidation and extortion.

Terming the electoral bond system as a sophisticated form of extortion, Gandhi drew parallels between traditional street-level extortion and the government’s use of central agencies like the CBI, ED, and Income Tax Department to target businessmen. He asserted that the Modi-led government is essentially facilitating a form of legalized loot under the guise of electoral bonds.

Gandhi highlighted the coercive nature of the tactics employed, stating that while common thieves extort money on the streets by resorting to physical threats, the government’s actions at the electoral bond level are far more refined and deceptive. He accused the BJP-led central government of using the investigative powers of agencies like the ED and CBI to intimidate businessmen into compliance, often leading to favorable outcomes for select entities like the Adani Group.

The Congress MP from Wayanad LS constituency alleged that businessmen are coerced into transferring their businesses to favored entities like Adani under the pretext of investigations by enforcement agencies. He cited the example of Adani’s acquisition of the Mumbai airport from its previous owner as a result of such tactics.

Furthermore, Gandhi claimed that in some instances, businessmen are compelled to purchase electoral bonds and donate them to the BJP as a means of appeasement or protection from further harassment by government agencies. This, according to Gandhi, perpetuates a cycle of coercion and favoritism, wherein the interests of a select few are prioritized over the welfare of the nation.

The allegations levelled by Gandhi underscored the broader debate surrounding electoral reforms and transparency in political funding in India. The electoral bond system, introduced by the Modi government in 2018, has faced criticism from various quarters for its lack of transparency and potential for abuse.

Gandhi’s remarks come at a crucial juncture, with the country gearing up for the upcoming Lok Sabha elections. His accusations against PM Modi and the BJP are likely to reverberate across political circles, fueling further debate and scrutiny over the issue of electoral bonds and government accountability.

As the political landscape continues to evolve, Gandhi’s outspoken critique of the Modi government’s alleged favoritism towards wealthy businessmen adds another dimension to the ongoing discourse surrounding governance and accountability in India.

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