Ayodhya Land Sales to Adani, Ramdev, and Ravi Shankar Spark Controversy
Team Finance Saathi
05/Aug/2024

Key Points:
Entities linked to Adani Group, Sri Sri Ravi Shankar, and associates of Baba Ramdev acquired land in Majha Jamthara near Ayodhya in 2022 and 2023.
The land, previously designated as a buffer zone for the Indian Army, was de-notified by the government, allowing commercial construction.
The move has led to allegations of cronyism and criticism, with claims that the land was acquired under the guise of national interest for the benefit of these entities.
In the years 2022 and 2023, land acquisitions in Majha Jamthara near Ayodhya by entities linked to prominent figures such as the Adani Group, Sri Sri Ravi Shankar, and associates of Baba Ramdev have stirred significant controversy. This land was originally designated as a buffer zone for the Indian Army but was later de-notified by the government, paving the way for commercial construction and use. The transactions have drawn sharp criticism and allegations of cronyism, with some accusing the involved parties of exploiting national interest for personal gain.
Background and Land Acquisition
The land in question, situated in Majha Jamthara near Ayodhya, was initially designated as a buffer zone for the Indian Army. This designation meant that the land was to remain undeveloped to serve strategic defense purposes. However, in a move that has sparked considerable debate, the government decided to de-notify the land, thereby removing its buffer zone status and allowing it to be sold and developed for commercial purposes.
Prominent Figures and Entities Involved
Entities linked to the Adani Group, spiritual leader Sri Sri Ravi Shankar, and associates of Baba Ramdev acquired substantial portions of this de-notified land. These acquisitions took place in 2022 and 2023 and have since come under scrutiny. The involvement of such high-profile figures has intensified the controversy, with many questioning the motives and fairness behind the transactions.
Allegations of Cronyism and Exploitation
Critics argue that the de-notification and subsequent sale of the land represent a clear case of cronyism, where government decisions appear to favor influential and well-connected individuals and entities. Allegations suggest that the land was acquired under the guise of national interest, but the real motive was to benefit these prominent figures. This has led to widespread skepticism and calls for transparency in the process.
Government and Public Response
The government’s decision to de-notify the land and allow its sale for commercial purposes has faced backlash from various quarters. Public opinion is sharply divided, with some defending the move as a necessary step for economic development and others condemning it as a betrayal of public trust and national interest. The controversy has prompted demands for a thorough investigation into the circumstances surrounding the land de-notification and acquisition.
Also Read : Public Outcry Over Asharamji Bapu's Prolonged Imprisonment and Calls for Justice
Commercial Construction and Future Plans
With the de-notification, the previously protected land is now open for commercial construction. Plans for developing the area are expected to include a mix of commercial establishments, possibly including retail, hospitality, and other business ventures. The exact nature and extent of these developments are still unfolding, but they are anticipated to significantly alter the landscape of Majha Jamthara.
Conclusion: A Call for Transparency
The land sales in Ayodhya involving entities linked to the Adani Group, Sri Sri Ravi Shankar, and Baba Ramdev have ignited a heated debate over cronyism, transparency, and national interest. As the controversy continues to unfold, there is a growing call for greater scrutiny and accountability in the decision-making processes that led to the de-notification and sale of the land. Ensuring that such transactions are conducted with fairness and integrity is essential to maintaining public trust and upholding the principles of justice and equity.
The allegations and criticisms underscore the importance of transparent governance and the need for public oversight in matters involving significant land deals and government decisions. As stakeholders and observers await further developments, the spotlight remains on the need for a balanced approach that considers both economic growth and ethical governance.
Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO. The Upcoming IPOs in this week and coming weeks are Utssav Cz Gold Jewels Limited, Dhariwalcorp Limited, Ola Electric Mobility Limited, Ceigall India Limited, Afcom Holdings Limited, Picture Post Studios Limited IPO.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX & Upstox.