Business
Budget Session live | Rajya Sabha proceedings begin
The budget meeting began on January 29 with President Ram Nath Kovind addressing a joint meeting of both houses of parliament.
Dinesh Trivedi, a member of the All India Trinamool Congress Rajya Sabha, announced his resignation in the House of Representatives (Rajya Sabha) on Friday, citing his inability to deal with the violence in West Bengal, ANI reported.
“I resigned from Rajya Sabha today. Violence has occurred in my state. We cannot say anything here,” Mr Trivedi said.
Saturday’s meeting in the Rajya Sabha has been cancelled, an official order from the Rajya Sabha secretariat said.
“Members were informed that, as announced today (11.02.2021) in the House of Representatives, the Rajya Sabha meeting scheduled for Saturday, February 13, 2021 has been cancelled. Therefore, there will be no House meeting on that day,” according to the news agency The order was dated February 11, ANI reported.
The budget meeting began on January 29 with President Ram Nath Kovind addressing a joint session of both houses of parliament.
The first part of the conference was originally scheduled to run through February 15, but was rescheduled to end on February 13.
The second session will be held from March 8 to April 8.
Members of parliament have been asked to undergo RT-PCR tests for COVID-19 before budget meetings begin.
The BJP has issued three whips to its MPs to appear in the Lok Sabha tomorrow, saying some important legislative matters will be discussed. Finance Minister Nirmala Sitharaman will respond to the budget debate tomorrow.
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Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’
Following US SEC charges of bribery against Gautam Adani, opposition parties criticise PM Narendra Modi and call for a JPC investigation.
As billionaire Gautam Adani faces charges in the US for alleged bribery and fraud, the Opposition on Thursday intensified its attack on the Centre over its alleged links with the Adani Group.
Gautam Adani has been charged in the US with allegedly paying $250 million in bribes to Indian officials between 2020 and 2024 to secure favourable terms for solar energy contracts. The scheme, prosecutors said, could have earned Adani’s group over $25 billion in profits.
Congress demands JPC probe
Reacting to the charges, the Congress called for a Joint Parliamentary Committee (JPC) probe into alleged scams involving Adani’s conglomerate. The party also demanded the appointment of a “new and credible” Sebi chief to investigate Adani’s financial dealings and compliance with securities laws.
ALSO READ- At 65.2%, Maharashtra records highest voter turnout since 1995 assembly election
Congress leader Jairam Ramesh said the US Securities and Exchange Commission’s (SEC) actions highlight the failure of Indian institutions to investigate the group. “The indictment vindicates Congress’s demand since January 2023 for a JPC into the Modani scams,” Ramesh wrote on X.
He accused Prime Minister Narendra Modi of shielding Adani and claimed Congress’s “Hum Adani Ke Hain Kaun” (HAHK) series had exposed the businessman’s alleged fraud and his ties with the PM.
The fact that it has taken a foreign jurisdiction to properly investigate Adani only shows how Indian institutions have been captured by the BJP, and how decades of institutional development have been undone by greedy and power hungry leaders, the Congress leader said in another post.
“All of this is consistent with a long record of fraud and criminality carried out with impunity with the obvious protection of the Prime Minister,” Ramesh charged.
Other Oppn leaders join attack
Other opposition leaders joined the attack. Trinamool Congress MP Saket Gokhale questioned the BJP’s involvement in Adani’s dealings and demanded an independent judicial probe.
Aam Aadmi Party leader Sanjay Singh accused PM Modi of allowing Adani to tarnish India’s global reputation.
ALSO READ- Adani Group shares plunge after US SEC charges, Adani Green down 16%
Adani stocks latest updates
The allegations rattled markets, with Adani Group stocks plunging. Adani Enterprises fell 20 per cent in pre-open trade, while shares of Adani Ports, Adani Green, Adani Power, and others dropped between 7 per cent and 18 per cent.
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