When defeat becomes apparent person loses control over words, says Samajwadi Party on PM Modi’s ‘ATM for loot’ jibe

“When defeat becomes apparent, a person loses control over their words,” said the Samajwadi Party (SP) on Saturday (March 28, 2026), hitting out at Prime Minister Narendra Modi for accusing the party of turning Noida into an “ATM for loot”.

The Opposition party said Noida evolved as an economic engine because of planned industrial clusters, affordable housing, metro connectivity, and opportunities for small and medium enterprises initiated by the previous SP government. 

“He comes to our State as a guest; we will treat him as a guest and send him off with respect. The words of those who are leaving are not taken unkindly. When defeat becomes apparent, a person loses all respect for their position and control over their words. Respecting age and position is in our culture and will always be. Respectful farewell,” SP president Akhilesh Yadav wrote on X.

Mr. Modi, after inaugurating Phase 1 of the Noida International Airport in Uttar Pradesh’s Gautam Buddha Nagar on Saturday, alleged, “Earlier, the Samajwadi Party had turned Noida into an ATM of looting. But today, under the BJP government, the same Noida is becoming a strong engine of Uttar Pradesh’s development.” 

SP spokesperson Nasser Salim said, “We thank Modi Ji for reminding the people of our agenda. Noida’s growth during the SP’s tenure was anchored in infrastructure, employment, and inclusive urban planning, not in rhetoric or slogans. For us, ATM stands for A—Access to infrastructure, T—Transparency in governance, and M—Mass employment. The Samajwadi Party remains committed to accountable governance and growth that benefits every section of society.”