Parliament adjourned amid opposition protests on Adani Row

1. Opposition parties will cooperate with the debates tomorrow, when the debate on the vote of thanks on the president’s address finally begins, sources said. The government had previously insisted that the opposition allow the usual address, which Rajya Sabha opposition leader Mallikarjun Kharge said the opposition was ready to talk about, but the ‘first priority’ is that Prime Minister Narendra Modi give an answer on the ongoing Hindenburg-Adani line. The discussion was to be resumed in both chambers today.

2. Following a meeting in Mr Kharge’s chamber in the parliament building today, a united opposition had decided to demand a discussion of the report by US short seller Hindenburg Research on Adani Group companies, and a Joint Parliamentary Committee investigation into the two houses, sources said. They have decided not to allow any further business in parliament, the sources added.

3. Opposition parties have alleged that the recent merger of Adani Group shares is a scam that involves ordinary people’s money because the public sector LIC and SBI invested in it. The Adani Group has maintained that it complies with all laws and disclosure requirements.

4. Parties that were present in Mr Kharge’s room during the opposition meeting to strategize on allegations of fraud against the Adani Group, which sent the stock market crashing, included Congress, MK’s DMK Stalin, the NCP led by Sharad Pawar, the Bharat of K Chandrashekar Rao Rashtra Samithi, JD(U) of Nitish Kumar, Samajwadi Party, CPI(M), CPI, Kerala Congress (Jose Mani), JMM, RLD, RSP, AAP, IUML, RJD and Shiv Sena.

5. Congressman and Lok Sabha Whip Manickam Tagore gave notice of adjournment of the chamber for raising the Adani issue. “The House should come forward to discuss the matter keeping aside other routine business, and should appoint a Joint Parliamentary Committee to further investigate this matter. The House should also order the Prime Minister to disclose the actual loss of public money to the nation through this House,” Mr. Tagore said in his adjournment notice.

6. Congressman and Rajya Sabha Whip Syed Naseer Hussain also gave notice under Rule 267 for adjournment to discuss the Adani issue. “That this House suspend zero hour and relevant rules relating to question time and other business of the day to discuss the issue of investment fraud by LIC, SBI, public sector banks and d ‘other financial institutions losing market value, endangering people’s hard-earned savings of Indian crores,’ he said in the notice.

7. On Friday, both houses of parliament adjourned without any business as opposition parties stood firm on a call for a discussion and investigation into allegations of fraud against the Adani Group. The leaders of the 16 opposition parties, who met today, had also met on Friday at the premises of Mr. Kharge, a day after the early adjournment of the two houses of Parliament, without doing any work, at the middle of calls for an investigation.

8. Lok Sabha Chairman Om Birla had rejected their claims, asking members “not to make unsubstantiated allegations”, while Rajya Sabha Chairman Vice Chairman Jagdeep Dhankhar had rejected all opposition motions, claiming they were “not in order”.

9. Gautam Adani’s energy ports business empire, which counts the state-run Life Insurance Corporation of India (LIC) and the state-run State Bank of India (SBI) among the main investors, has lost more than 100 billion worth dollars since the charges were laid. audience.

10. The Adani Group’s finance chief called the Hindenburg report a “malicious combination of selective misinformation and outdated, baseless and discredited allegations that have been tested and dismissed by India’s highest courts”.

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