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The Hindu
The Hindu
National
Mayank Kumar

Corrupt tax system and policies made by BJP forced industrialists to leave India, says SP chief

Samajwadi Party (SP) president Akhilesh Yadav on June 16 alleged that corrupt tax system and policies made only for a few industrialists, who are supporters of the Bharatiya Janata Party (BJP), forced 6,500 millionaires to reportedly leave India this year. He asked as to where from the foreign investment would come to India and Uttar Pradesh in such a scenario.

“6,500 millionaires are reported to have left India this year due to business complications created by BJP government, corrupt tax system and policies made only for few BJP supporters. So where will the foreign investors come from? Unfaithful investors of Uttar Pradesh found?,” wrote Mr. Yadav, a former Uttar Pradesh Chief Minister on social networking site Twitter.

“Last year more than 7,500 millionaires left the country due to wrong economic policies and business adversities. The BJP government, which claims to bring foreign investment from all over the world, should tell where and how foreign investors will come when industrialists and businessmen of India are leaving the country. The BJP government, which has made big claims about foreign investment, is no longer able to find investors from Uttar Pradesh,” the former U.P. CM added.

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