The Congress has been targeting the Adani group, accusing it of benefitting from the BJP government and has been demanding a JPC probe into the allegations made by by a US Research group Hindenburg. The business conglomerate has denied any wrongdoing on its part.
Prices are determined by airlines based on market factors such as the capacity available, demand, and seasonality, following global practices. The ministry has more pressing issues to resolve in the sector, say aviation experts
LIC’s investment in Adani group companies has multiplied in recent years even as its private sector peers have avoided such investments into the conglomerate.