Nirmala Sitharaman attacks Rahul Gandhi over statement on Tata Group

Union Finance Minister Nirmala Sitharaman has sharply criticised statements made by Rahul Gandhi regarding the Tata Group. Sitharaman stated that Rahul Gandhi should avoid politicising every issue. She alleged that the Congress leader is attempting to incite business leaders to join in spreading mistrust and a toxic atmosphere.

According to a report by Business Standard, Sitharaman, responding to a post by Rahul Gandhi on X, said that it is unacceptable to indirectly criminalise business and legal matters. She further added that Rahul Gandhi has repeatedly been criticising the success of Indian industry and entrepreneurs. The Finance Minister clarified that the Narendra Modi government accords importance to Indian industries as job providers and drivers of economic growth.

As per a report by Hindustan Times, Rahul Gandhi alleged in a post on X, "Tata is being criminally destroyed, and no business leader dares to speak a word". He questioned how long businessmen would remain silent and also remarked that Indian business is not a toy for Modi and Shah.

This controversy has emerged amidst an ongoing power struggle between Tata Sons and Tata Trusts. Noel Tata, Chairman of Tata Trusts, had opposed a resolution to reappoint N. Chandrasekaran as the Executive Chairman of Tata Sons for another five years. Both parties hold differing views regarding the company's rules and legal opinions. No immediate reaction has been received from the Tata Group on this matter.