Systematic looting of ONGC: Modi helps Cairn retain ONGC’s Rajasthan block beyond 2020 while ONGC pays royalty on Cairn’s share as well
Even beyond 2020 when the current contract ends. Crony capitalism? Why, Modi? CAG CBI or the CVC should investigate!
Cairn also refuses to pay royalty to govt. ONGC is forced to pay Cairn’s share too. To make it all worse, Modi has removed all independent directors from ONGC board.
How Modi govt and private/foreign companies looted ONGC