Indian Prime Minister Narendra Modi's party has 'nothing to hide or be afraid of' on the controversy over Adani group, the home minister said on Tuesday, responding to opposition allegations of favouring the conglomerate attacked by a U.S. short seller.
He denied allegations of crony capitalism and suggested the opposition to go to court if they had proof.
The Adani crisis has stalled parliament, ignited street protests by the opposition, sparked off investigations by regulators and weighed on the broader markets in a challenge to Modi ahead of a string of state elections this year and general elections next year. Rivals including the main opposition Congress party accuse Modi and the BJP of longstanding ties to the apples-to-airports Adani group, going back nearly two decades when Modi was chief minister of the western state of Gujarat. Gautam Adani and Shah also come from the same state.Without referring to Adani, Modi told parliament last week that the "blessings of 1.
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