RJD leader Tejashwi Yadav has raised eyebrows by claiming a company signed a massive ₹22,500 crore MoU despite having a mere ₹11 lakh in capital.

Key Takeaways

  • Tejashwi Yadav questioned the validity of a ₹22,500 crore nuclear sector MoU.
  • The alleged investing firm reportedly has a total capital of only ₹11 lakh.
  • RJD demanded progress reports on MoUs signed in previous years.
  • Allegations of 'paper companies' grabbing state subsidies were made.

The Leader of Opposition in the Bihar Assembly, Tejashwi Yadav, launched a scathing attack on Chief Minister Samrat Choudhary regarding recent industrial agreements. Yadav alleged that a company which signed a Memorandum of Understanding (MoU) worth ₹22,500 crore in the nuclear sector possesses a total capital of just ₹11 lakh.

In a press note and a message on X, the RJD national working president remarked that a firm unable to afford the four walls of a house is now purportedly setting up nuclear research centers in Bihar. He termed the situation a 'shame' for the current administration.

Why This Matters

BozokMedia analysis shows that this controversy highlights a critical gap in the due diligence process of the state's Industries Department. If massive investment claims are backed by entities with negligible capital, it could lead to a crisis of confidence among genuine global investors and impact the state's fiscal planning.

"The discrepancy between investment promises and actual capital strength raises serious questions about regulatory oversight in Bihar."

On August 6, the Bihar government announced MoUs worth approximately ₹51,600 crore. One of the prominent signatories, Global Renewable Advanced Clean Energy Private Limited (GRACE), proposed a massive investment in the nuclear energy sector. However, records indicate the company was incorporated as recently as February 2026 with minimal paid-up capital.

Historical Background

For over two decades, the National Democratic Alliance (NDA) has held power in Bihar. The opposition argues that despite this long tenure, the state has struggled to create a robust industrial ecosystem, often relying on high-profile announcements rather than ground-level infrastructure development.

Did You Know?: A 'Paper Company' is a legal entity that exists only on paper, often used to facilitate financial transactions or claim subsidies without conducting actual business operations.

Frequently Asked Questions

1. What is the core of Tejashwi Yadav's allegation?
He alleges that the Bihar government is promoting 'paper companies' with minimal capital as major investors to mislead the public.

2. Which sector is involved in this MoU controversy?
The controversy primarily revolves around the nuclear energy sector.