Congress attacks Modi on corruption
Analysis based on 7 articles · First reported Jul 13, 2026 · Last updated Jul 13, 2026
The allegations, if proven, could erode investor confidence in government transparency and affect sectors like energy and healthcare. However, the event is primarily political rhetoric and is unlikely to have immediate market impact.
The India — Indian National Congress, led by Jairam Ramesh, launched a blistering attack on Prime Minister Narendra Modi, calling his 'na khaunga na khane doonga' anti-corruption pledge a 'hoax'. Ramesh alleged numerous scams and cover-ups under Modi's leadership, including the merger of Bharat Petroleum with Oil and Natural Gas Corporation to hide a Rs 20,000 crore scam, the introduction of electoral bonds as a 'chanda do, dhanda lo' scam, and the explosive growth of the Adani Group. He also questioned the Dassault Rafale deal, criticized the PM CARES Fund, and alleged fraudulent expenditures in India — Ayushman Bharat Yojana and PM Kaushal Vikas Yojana. Ramesh further accused several state chief ministers and union ministers of corruption, including Pema Khandu, Mohan Yadav, Devender Yadav, Nitin Gadkari, Rekha Gupta, and Dharmendra Pradhan. The Congress also alleged a scam at the Ram Mandir involving RSS-BJP members.
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