New Delhi (HRNW)– According to Indian magazine The Wire, corruption has intensified under Prime Minister Narendra Modi, with the Adani-Ambani nexus allegedly exploiting government policies for personal gain.
The report highlights financial corruption, institutional destruction, political revenge, religious division, and social prejudice as hallmarks of India today. Corruption is reportedly pervasive across economic, social, judicial, electoral, environmental, and religious sectors.
The Wire states that ordinary citizens have not benefited from policies like the purchase of Russian oil, while major business groups such as Ambani and Adani have profited massively. Despite allegations of major fraud against the Adani Group in the Hindenburg Report, regulatory authorities like SEBI reportedly protected them.
The Washington Post also revealed that the Indian Finance Ministry forced LIC to invest about $4 billion in the Adani Group. The wealth of Ambani and Adani has reportedly skyrocketed since 2014, while India’s hunger index has worsened, and the gap between rich and poor has widened dramatically, with the top 10% controlling 80% of the country’s wealth.
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