Synopsis: Internal documents accessed by the Post show that in May 2025, the Union finance ministry, its Department of Financial Services (DFS), LIC, and the policy think tank NITI Aayog coordinated an investment strategy that funneled billions into Adani Group bonds and equity. The plan involved a $585-million bond issue for Adani Ports that LIC financed alone. ( This piece was originally published on thewire.in )

A Washington Post investigation details how the Modi government quietly devised a $3.9 billion plan to rescue Gautam Adani’s debt-laden conglomerate by directing money from the state-owned Life Insurance Corporation of India (LIC).

Internal documents accessed by the Post show that in May 2025, the Union finance ministry, its Department of Financial Services (DFS), LI

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