GSPC is in controversy in the wake of it running up debts to the tune of Rs 20,000 crore during the decade when Modi was the Gujarat Chief Minister.
Pradhan has virtually turned into an investment banker to force a "merger" between ONGC and GSPC's KG block and is making "outrageous claims" to justify such a course of action, Party spokesman Jairam Ramesh told reporters.
Insisting that it was time to call the "bluff" of GSPC and its patron Narendra Modi, he said the CAG report was tabled on the last day of the previous Gujarat assembly session.
"It has not even been discussed yet. Modi was the chief minister of Gujarat when GSPC had got the KG block.
"The CAG has clearly pointed out malfeasance of Rs 20,000 crore. This is not even a presumptive loss but an actual one," he said, demanding an independent inquiry by a former Supreme Court judge to look into the allegations of the CAG.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
