As a responsible citizen and an unapologetic nationalist, I feel compelled to dedicate this week’s Point of View to a growing menace—the deliberate spread of misleading, half-baked, and often malicious narratives through viral videos and social media campaigns. These are not random distortions. They are orchestrated efforts, amplified by sections of an intellectually compromised ecosystem, that align disturbingly well with deep-state interests and a discredited political opposition led by the Congress.
Let me be blunt. The same Opposition that has been repeatedly rejected by the electorate continues to cling to relevance by peddling narratives designed to undermine India’s economic rise. Their latest obsession—relentlessly chanting “Adani-Adani” or “Ambani-Adani”—is not rooted in concern for transparency, but in a desperate attempt to discredit India’s growth story. These corporate houses, whatever one’s ideological leanings, have undeniably played a significant role in accelerating India’s economic trajectory over the last decade.
The so-called exposés, including the infamous Hindenburg report, were celebrated prematurely by this ecosystem. But let us not forget: Hindenburg itself is a questionable entity, lacking institutional credibility and reportedly facing scrutiny even in its home turf. Yet, sections of India’s Opposition weaponised it within Parliament—the very temple of democracy—exposing their willingness to weaken national institutions for political gain.
Figures like Rahul Gandhi have gone to the extent of undermining India’s unity on global platforms, even questioning the very idea of India as a nation. This is not dissent—it is dereliction.
The Real Story: India’s PSU Renaissance
Against this noisy backdrop of manufactured outrage, I present hard, verifiable facts—numbers that tell a radically different story. A story of revival, reform, and results under the leadership of Narendra Modi and his cabinet.
For decades, Public Sector Undertakings (PSUs), many established during the Congress era, were systematically weakened by political interference, inefficiency, and corruption. What we are witnessing today is nothing short of a structural turnaround.
Let’s look at the data:
- Bharat Dynamics (BDL): From a loss of ~₹80 crore in 2014 to a profit exceeding ₹600 crore today.
- BSNL: From an ₹8,300 crore loss to achieving back-to-back quarterly profits (₹280 crore in Q4 FY25). Yes, annual profitability is yet to be achieved—but the direction is unmistakable.
- Hindustan Shipyard: From a staggering ₹1,023 crore loss to sustained profitability with a ₹20,000 crore order book.
- State Bank of India (SBI): From ₹10,800 crore profit in 2014 to a staggering ₹86,000+ crore today—the most dramatic turnaround in Indian corporate history.
- HAL: From ₹1,651 crore to nearly ₹9,000 crore in profits.
- NTPC: From ₹10,975 crore to over ₹24,800 crore.
- Power Grid Corporation: From ₹4,548 crore to ₹15,500+ crore.
- Bharat Electronics (BEL): From ₹932 crore to nearly ₹6,000 crore.
- BPCL: From ₹4,053 crore to over ₹24,000 crore.
- Shipping Corporation of India: From losses to strong profit growth (though exact annual figures require further validation).
- IOC: Highly volatile due to global crude dynamics, but capable of generating quarterly profits exceeding ₹13,000 crore.
Even smaller PSUs like MSTC have moved from losses to profitability, though they receive little media attention.
The Architects of This Transformation
This turnaround is not accidental. It is the result of decisive leadership and institutional accountability. Credit must go to a cohesive cabinet:
- Nirmala Sitharaman for fiscal discipline and reforms
- Rajnath Singh for strengthening defence PSUs
- S. Jaishankar for strategic global positioning
- Piyush Goyal for trade expansion
- Nitin Gadkari for infrastructure-led growth
This is governance with intent—not entitlement.
Facts vs Propaganda
Now, let’s address the elephant in the room: Are all viral claims fully accurate?
The answer: Broadly, yes—but with nuances.
- Some figures are slightly outdated or conservative (e.g., BEL, BPCL, SBI).
- Others require context (e.g., BSNL’s quarterly vs annual profitability).
- A few need deeper verification (e.g., MSTC, SCI exact numbers).
But here’s the critical point: The direction of change is undeniable. From loss-making liabilities to profit-generating assets—this is a systemic transformation.
Contrast this with the Opposition’s narrative—built on selective outrage, outdated data, and ideological bias.
Why is this story not amplified?
Why are India’s successes underplayed while unverified allegations are magnified?
The answer lies in narrative control—both domestic and global.
Sections of media, academia, and political opposition seem more invested in perpetuating doubt than acknowledging progress. This is not healthy skepticism—it is strategic pessimism.
India today stands at a crucial juncture. It is no longer a fragile economy dependent on external validation. It is a rising power, backed by strong institutions and measurable outcomes.
Do not be misled by viral videos, motivated reports, or politically convenient outrage. Examine the data. Question the intent behind narratives.
And yes—if there are counterarguments, let them come. But let them come with facts, figures, and honesty—not propaganda.
Because in the end, numbers don’t lie. Narratives often do.
