'If nothing to hide, why govt running away from JPC probe into Adani issue'

The Congress on Tuesday alleged that the Centre was running away from a JPC probe into the AdaniHindenburg issue and said such an investigation be allowed if the government has nothing to hide in the matterThe Congress attack on the government came after Union Home Minister Amit Shahs reported remarks that there is nothing for the Bharatiya Janata Party BJP to hide or be afraid of in the matterAddressing a press conference at the AICC headquarters here Congress general secretary Jairam Ramesh said he has written to RBI Governor Shaktikanta Das and SEBI chief Madhabi Puri Buch for an impartial probe into the Adani issueReacting to Shahs reported remarks Ramesh said If they do not have anything to hide why are they running away from a Joint Parliamentary Committee probeAlso Read Govt to get SEBIrsquos Adani probe report tomorrowThey do not even allow us to raise the demand of the JPC in Parliament When our leaders including party president Mallikarjun Kharge ji raised the demand for JPC their remarks were expunged Ramesh saidIf there is nothing to hide the government should allow a JPC he stressedHis remarks came a day after the Centre agreed to the Supreme Courts proposal to set up a panel of experts to look into strengthening the regulatory mechanisms for the stock market in the wake of the recent Adani group shares crash triggered by Hindenburg Researchs fraud allegationsSaying it has no objection to constituting the panel the Centre at the same time stressed that market regulator Securities and Exchange Board of India SEBI and other statutory bodies are fully equipped not only regime wise but otherwise also to deal with the situationRamesh said it is important to look at the petition that had been filed in the court which he claimed was basically against Hindenburg researchInvestigation should be against Adani and its ties with the government Ramesh saidRamesh said he would however also make it clear that the Congress is in favour of private investments and they need to be encouragedWe have always said we are in favour of entrepreneurship and that is the way forward for economic development We are against blind privatisation and selling of PSUs he saidThe Congress is in favour of liberalisation but this should be on the basis of rules and institutions which should function independently so that the rules can be applied in an impartial and transparent mannerOur fight is against crony capitalism he assertedWe will not be cowed down we will keep raising our voice he saidHe also claimed that all Opposition parties are on the same page in demanding a JPC probe into the Adani issueThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever