More critically, and in an acerbic political campaign, the BJP asserted that the Congress party was plotting to destabilize the country and create economic crises in India. Earlier, the BJP’s senior leader, former Law Minister Ravi Shankar Prasad, accused the Congress of conspiring against the economic stability of the country and trying to ensure a falling stock market.
Prasad’s comments emerged in the wake of the latest allegations by the US-based short-seller firm Hindenburg Research targeting the Adani Group. On Indian markets, the BJP has been very protective, with Prasad pronouncing that the stock market in the country is ‘safe, stable, and promising’.
Even in legal processes, with reference to a previous allegation made by Hindenburg Research, the BJP has targeted the Congress party for not appearing before them. Prasad took a dig at the Congress and Rahul Gandhi in particular over why the Congress party remained aloof throughout the earlier proceedings when Rahul Gandhi was demanding a JPC.
Another BJP leader, Amit Malviya, joins in. He alleges that the Lok Sabha MP Rahul Gandhi has declared a big portion of his total declared assets to be in Indian stocks. The two have been involved in a squabble in which Malviya tags Gandhi as a ‘fear-monger’ who discourages retail investors from investing in wealth creation exercises.
The BJP’s aggressive response to them is due to the political war still being waged over the Hindenburg-Adani drama. The Congress has been branded as an enemy of the Indian financial markets by the ruling party, and it has the support of what it has described as a ‘toolkit’ in destabilizing India’s economy.
BJP’s stand to defend the Indian markets and accuse the Congress party of being involved in the ongoing upheaval points to the intensity of wars in this political game.
