In response to the unfolding Adani Enterprises debacle, the Opposition Congress declared on February 2 that it will stage statewide demonstrations on February 6 in front of Life Insurance Corporation and State Bank of India branches in all districts.
“The central government is supporting their closest buddies with tax dollars. The Congress party has decided to stage a statewide agitation on Monday in front of the LIC and SBI offices across the nation “Congress General Secretary KC Venugopal was reported by a news source.
Congress claims that the Adani Group’s exposure to public sector banks like the SBI and LIC has major effects on middle-class savings.
The opposition leaders anticipate that the government would fight back and refuse to agree to their demand in the meantime. They will therefore attempt to corner Modi on the Parliamentary stage.
The opposition leaders in the session in Parliament also demanded a discussion and an investigation by a joint committee into the fraud-allegation-induced decline in the stocks of Adani group companies. In the pre-lunch session, they compelled both the Lok Sabha and the Rajya Sabha to adjourn.
The combined Opposition attacked the government on the Hindenburg report against Adani Enterprises and labelled the market drop a “Maha ghotala (scam) in Amrit Kaal.” The leaders also questioned the government’s “silence” on the matter.
They even criticised the administration for rejecting their notices to suspend business in order to examine the problem.
Mallikarjun Kharge, the leader of the opposition, took the initiative to attack the government’s central office and called for either the creation of a joint parliamentary committee or an investigation into the incident under the supervision of the CJI.
A Joint Parliamentary Committee or a group working under the direction of the Chief Justice of the Supreme Court should look into this, according to Kharge.
Both Houses of Parliament were postponed shortly after the Session started at 2 pm, despite the fact that various opposition lawmakers had sent their respective Houses of Parliament letters to suspend proceedings.
The leaders who gave the notice in their respective Houses include the leader of the opposition, Mallikarjun Kharge, the leader of the CPI(M) in the Rajya Sabha, MP Elamaram Kareem, Shiv Sena MP Priyanka Chaturvedi (Uddhav Thackeray faction), CPI Rajya Sabha MP Binoy Viswam, Bharat Rashtra Samithi Lok Sabha MP Nama Nageswara
On February 13, the session’s first segment will come to an end. For the second portion of the budget session, which will end on April 6, Parliament will reconvene on March 12.