Don't create anarchy, instability: BJP to Congress on Hindenburg case

New Delhi: The BJP on Monday rejected the Congress' demand for a Joint Parliamentary Committee (JPC) probe into Hindenburg's allegations and said the Opposition party was conspiring to bring about "economic anarchy and instability" in India. The Congress has been demanding Buch's resignation and that a JPC investigation be ordered to assess the full extent of what it described as the "Modani Mega Scam".

Addressing a press conference at the BJP headquarters, senior party leader Ravi Shankar Prasad reiterated the party line that the short-selling firm's charge and the Opposition's criticism of the Sebi chairperson were part of a wider conspiracy. He claimed that billionaire investor George Soros is an investor in Hindenburg and is known for running a propaganda against the Narendra Modi-led government.

"While India is being globally seen as a safe, stable and promising market, the Congress party wants to project that the Indian investment scenario is not safe," he alleged, and claimed that the Opposition party was making use of the "chits" provided by foreign entities to damage the economy.


"The Congress wants the stock market, which has given good returns to crores of small investors, to crash," he said. He, however, asserted that investors have come to realise the "conspiracy" and rejected the attempts to jolt the market.

"After being rebuffed by the people, the Congress, its allies and its closest ally in the toolkit gang have conspired together to usher in economic anarchy and instability in India," he told reporters.

The Congress rule between 2004 and 2014 was marked by several alleged scams, Prasad noted, as he questioned why such critical reports were not brought out then.

"In its pathological hatred for Prime Minister Narendra Modi, the Congress, led by Rahul Gandhi and his toolkit friends, have developed a hatred for India," he said.