PM Modi works only for one person: Adani
1. The Adani-Modi Nexus: Crony Capitalism Institutionalized ? Evidence: Metastatic Growth: Gautam Adani’s empire expanded from ports and coal to airports, defense, and renewables—often winning contracts in sectors prioritized by Modi’s infrastructure push. The Adani Group’s market value surged from $10B (2014) to over $200B (2023) . Resilience Amid Scandal: Despite the Hindenburg Report (2023) accusing Adani of "brazen stock manipulation," the group secured $5B from U.S. investors like GQG Partners. Opposition leaders allege political protection . Comparative Cronyism: Ambani and Adani dominate India’s infrastructure landscape like 19th-century American "robber barons." Mumbai’s airport, highways, and cultural institutions bear their brands—a visible symbol of wealth concentration . Counterpoint: Adani and Ambani are "phenomenal entrepreneurs" (Rohit Lamba, Penn State) who bet on Modi’s development sectors. Their success mirrors Korea’s chaebols o...