More than 100 Indian opposition lawmakers, including members of the Congress party, staged a protest march on Thursday, April 6, 2023, after the end of a parliamentary budget session that was marred by shouting and disruptions to proceedings amid a standoff with Prime Minister Narendra Modi’s government.
The demonstrators carried big national flags and chanted slogans warning that India’s democracy is in danger and accused Modi’s administration of “misusing” government-run investigation agencies to intimidate opposition leaders.
They were blocked by police after walking a short distance from the Parliament building and forced to disperse. The opposition leaders from more than a dozen parties ended the protest with a news conference.
Mallikarjun Kharge, the Congress party Chief, criticized the disqualification of his party’s leader, Rahul Gandhi, as a Member of Parliament less than 24 hours after his conviction by a court in a defamation case.
“The parliamentary budget session was a washout with the government getting the budget for 2023-24 approved within 12 minutes without a proper debate,” Kharge said.
Law Minister, Kiran Rijiju blamed the opposition for disrupting the parliamentary proceedings.
Gandhi said last month that he was being targeted because he has raised serious questions about Modi’s relationship with Gautam Adani, who heads the Adani Group.
Gandhi added that the objective of his expulsion from Parliament was to prevent him from speaking in the legislature about his allegation of an infusion of an unaccounted $3 billion into shell companies owned by the Adani Group, headed by Gautam Adani.
India’s top court recently ordered an expert committee to investigate any regulatory failures related to the Adani Group.
The investigation was prompted by allegations made by U.S. short-seller Hindenburg Research in a report that accused Adani companies of engaging in market manipulation and other fraudulent practices.
Shares in the group’s flagship, Adani Enterprises, and other affiliated companies have lost tens of billions of dollars in market value since Hindenburg issued its report.
The Adani Group has denied any wrongdoing, defending itself against the allegations in a 413-page rebuttal. In a tweet, it welcomed the court order.
“It will bring finality in a time-bound manner. Truth will prevail,” the company said.
The expert committee will submit its findings to the Supreme Court within two months, said Chief Justice D.Y. Chandrachud and justices P.S. Narasimha and J.B. Pardiwala.
The top court also directed the government-run Securities and Exchange Board of India to investigate whether there had been a violation of rules or manipulation of stock prices by the Adani Group.
Apart from investigating allegations against Adani, the expert committee is to suggest measures to improve regulatory oversight and protections for investors.
Modi Hopeful That His Party Will Win Another Term
Meanwhile, Indian Prime Minister, Narendra Modi asserted that his party would be voted to victory for a third straight five-year term “in next year’s national elections given its popularity among people.”
Modi told his Hindu nationalist Bharatiya Janata Party (BJP) workers celebrating the party’s foundation day that, Indian people backed the BJP for bringing in a new political culture, while opposition parties were mostly run by political families.
Gandhi is expected to lead the opposition’s challenge against Modi in the 2024 national elections. Gandhi challenged his conviction in an appeals court on Monday, April 3, 2023.
The court has suspended a two-year prison sentence for Gandhi following his appeal against a criminal conviction for mocking the Prime Minister’s surname.
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