Half a Dozen Clean & Green Questions for the Adani Group To Clear the Air

When I published “Dirty Dozen Questions for India’s ‘AngeLIC’ Investor,” my focus was squarely on Life Insurance Corporation of India Ltd (LIC): a statutory insurer, created by Parliament and entrusted with the savings of ordinary Indians, whose exposure to the Adani group deserves rigorous, comparable, evidence-based scrutiny. Since then, two developments have followed. LIC issued a longer clarification describing its exposure and solvency comfort ; and the Adani group issued a categorical denial that any government plan existed to steer LIC funds its way , adding that the state-run insurer invests across corporate groups, has earned returns from its Adani exposure, and that any talk of ‘undue political favour’ is unfounded. This follow-up is therefore addressed to the Adani