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Big relief to Adani Group due to BJP’s victory in Maharashtra –

by Aaryan Srivastav
November 23, 2024
Big relief to Adani Group due to BJP's victory in Maharashtra - India TV Hindi

Photo:FILE Gautam Adani’s Dharavi project

The massive victory of the grand alliance of the ruling Bharatiya Janata Party (BJP) and Shiv Sena (Eknath Shinde) in Maharashtra has brought relief to the $3 billion Dharavi project of the billionaire Gautam Adani-led group. Under this, Mumbai’s slum Dharavi is being redeveloped as a ‘world class’ district. Opposition party Uddhav Thackeray-led Shiv Sena (UBT), if voted to power, had promised to take back all the land given to Adani Group for redevelopment of Asia’s largest slum and cancel the project completely.

It would be a big blow for Adani

For Adani, who is facing bribery charges in a US court, canceling his pet Dharavi project would have been a big blow. These concerns are now allayed as the BJP and its ally Shiv Sena and factions of the Nationalist Congress Party led by Eknath Shinde and Ajit Pawar have won more than three-fourths of the 288 seats in the Maharashtra Assembly, according to the election results. Are. Adani plans to convert 620 acres of prime land into a vibrant urban hub. This land is about three-fourths the size of New York’s Central Park.

Seven lakh people will get free flats

Nearly seven lakh people living in dilapidated slums with open sewers and shared toilets in the densely populated slums near Mumbai’s international airport are to be given free flats of up to 350 square feet. The redevelopment issue was politically charged, as the opposition alleged that the group received undue favors from the state government in awarding the contract. The group has denied benefiting from government bias. Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi has repeatedly raised the issue of the Dharavi redevelopment project and accused Prime Minister Narendra Modi and his party BJP of enriching friends like Adani.

Will become a global model

Supporters of the project in the ruling party say the project is set to become a global model for slum redevelopment. About 10 lakh people live in Dharavi, but about seven lakh people were considered eligible. According to the resident definition, there must be proof of living in this area before January 1, 2000. The remaining people will get houses in other areas of the city. This proposal was opposed by some locals because they do not want any residents or business owners to be made homeless.

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