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Despite the rhetoric that the regime’s record in employment generation has not been all that bad by citing questionable data, Finance Minister Nirmala Sitharaman has stolen more than a few leaves from the pre-election manifesto of the biggest Opposition party, the Congress, while announcing schemes such as the internship programme in the country’s top companies, the employment-linked incentive programme, abolition of the “angel tax” to spur investments and by not reducing the budget allocation...

On 4 June 2024, the day it become known that India’s ruling party, the BJP led by Prime Minister Narendra Modi, would return to power for a third five-year term but as a weaker head of government, the prices of the shares of Adani Group companies collapsed amid a general meltdown of the country’s stock markets. Opposition politicians have called for an inquiry into allegations of stock-price manipulation. The story starts on Friday 31 May when there was frantic buying and selling of shares in...

More than a decade ago, when media and civil society were going gung-ho against the then UPA government for the “Coalgate” scandal, the furore was focussed on a report prepared by an independent institution, the Comptroller and Auditor General (CAG) of India, that revealed evidence implicating the Union government and multiple coal mining companies. The CAG had found that the government had allocated a slew of coal blocks to privately-owned mining companies without conducting fair auctions. The...

Half-way through the heat and dust of India’s general elections, Prime Minister Narendra Modi sprung a surprise on the country, including his most ardent supporters. He suggested during a public speech on 8 May 2024 in Karimnagar, Telangana, in southern India, that the country’s two richest men Gautam Adani and Mukesh Ambani were sending carloads of cash to the largest opposition party, the Indian National Congress. Opposition leader, Rahul Gandhi, pledges to institute a parliamentary probe into...

The Securities and Exchange Board of India (SEBI), the regulator of the country’s financial markets, has sent ‘show cause’ notices to six listed companies in the Adani Group. This was revealed by the companies themselves in recent filings to stock-exchange authorities. A notice to show cause is a formal document issued to a party in a dispute that sets out details about an alleged offence or misconduct. Such a notice is usually issued by a law-enforcing authority. The receiving party has a...

A decade ago, in the run-up to the 2014 Lok Sabha election, Narendra Modi, then still the Chief Minister of Gujarat, famously declaimed: “Na khaoonga, na khaane doonga” (Neither will I take bribes, nor will I let others take bribes). He added that he would bring back illegal wealth stashed away in tax havens abroad by rich Indians and distribute the money among the poor—Rs.15 lakh for each poor family. Modi projected himself as a crusader against corruption in general and the corrupt Congress...

THE DEMOLITION, THE VERDICT AND THE TEMPLE: THE DEFINITIVE BOOK ON THE RAM MANDIR PROJECT By Nilanjan Mukhopadhyay Speaking Tiger, Rs 699 The Rashtriya Swayamsevak Sangh and its political arm, the Bharatiya Janata Party, are hopeful that the ‘inauguration’ of the incomplete Ram temple at Ayodhya would consolidate the Hindu vote in favour of the incumbent regime in the run-up to the general elections. Prime Minister Narendra Modi thinks that whipping up religious fervour with the pran pratishtha...

Example 1: Ajay Mishra Teni, Union Minister of State for Home Affairs, is the BJP member of the Lok Sabha from the Kheri constituency in Uttar Pradesh. In October 2021, his son, Ashish Mishra Monu, allegedly drove into a crowd of protesting farmers in Lakhimpur Kheri, killing four farmers and a journalist. The junior Mishra is under trial for murder. The government led by Prime Minister Narendra Modi resisted immense pressure to dismiss Teni from the Cabinet at the time and he has now been...

Sreedhar Ramamurthi was a scientist as well as an activist who worked to ameliorate the condition of those impacted by reckless mining all over India. He worked with many others who shared his ideals about the need to conserve the planet with care. He was no starry-eyed social worker who believed he could change the world overnight. He was down to earth and practical about what could be achieved and what could not, and the extent to which the government could be convinced to support the under...

Here is a tentative list of entities in corporate groups that purchased electoral bonds and the controversies surrounding some of these groups. We know that the Bharatiya Janata Party (BJP) got more than half the funds from the redemption of bonds between 2018 and 2024. One of the companies that bought the bonds is Future Gaming and Hotel Services. This company bought bonds worth Rs 1,368 crore. The person behind this company is Santiago Martin, often called India’s “lottery king.” There have...