oppn parties Prove Quid Pro Quo Before Faulting PM For Meeting Businessmen

News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
oppn parties
Prove Quid Pro Quo Before Faulting PM For Meeting Businessmen

By Sunil Garodia
First publised on 2018-07-30 20:08:54

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack
When people say that it is not good for the Prime Minister to be seen with captains of industry, they are assuming two things. One, that all businessmen are either crooks and should be avoided by the ruling class or that when businessmen meet the top executive of the country, they do so with an ulterior motive. Two, they assume that when the Prime Minister meets them, he too has an ulterior motive and is most likely to ask them for favours, compromising his position. Both these assumptions are wrong and in fact people making them have an ulterior motive.

The business class is at the forefront of the nation’s development. It is through their entrepreneurship, foresight and investment that sustainable assets are created, people get jobs and products get made. Of course, like any other field, there are bad fish in the business community also. The Prime Minister has in the past been photographed with the absconding Nirav Modi and others who have defrauded banks of crores. But can anyone prove that the Prime Minister, or anyone close to him, had asked any bank to lend money to these crooks? If bankers got impressed by photographs, then they were the biggest suckers and had no right to be in the position they were.

As part of his official duties, the Prime Minister is expected to address meetings of chambers of commerce, hold meetings with groups of businessmen and even have a one-to-one meeting with any businessman if the situation is urgent. The push for ‘Make in India’ cannot be achieved by keeping businessmen at arm’s length. Without granting them any unnecessary favours, they must be made to feel partners in the country’s progress – which they are in any case. The Prime Minister cannot be faulted for meeting businessmen if quid pro quo is not proved.

The opposition parties, and a section of the media, unable to unearth a major scam (which of course does not exist) in these four years, want to manufacture cases of corruption. Hence, in continuation of the Rahul charge that this is a “suit-boot ki sarkaar,” they are now targeting the Prime Minister’s alleged closeness to businessmen.

There might be another reason for this pique. Latest figures of contribution to political parties (above Rs 20000) by businessmen and other known sources shows that in FY 2015-16 and 2016-17, the BJP received Rs 532cr and the Congress just Rs 41.9cr. The other parties received negligible amounts. This might be their way to get at the business class for ignoring them. But haven’t they heard that everyone salutes the rising sun? All these years, the Congress had cornered the major share of donations as it was the ruling party. Why is it now turning against the same businessmen?