oppn parties Sharad Pawar's Resignation Is Timed To Perfection

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  • 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
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Sharad Pawar's Resignation Is Timed To Perfection

By Our Editorial Team
First publised on 2023-05-04 07:25:14

About the Author

Sunil Garodia The India Commentary view

Sharad Pawar's resignation, like everything else he does, has been timed to perfection. The NCP, identified solely with the old warhorse (although other leaders have risen in the ranks), was going through a turbulent phase with the buzz that despite denials, it was just a matter of days or months before Pawar's nephew Ajit Pawar would leave the party with his supporters to join the BJP. Pawar's resignation has brought the party together with all satraps asking him to withdraw the resignation and continue as the party president. Pawar also served a masterstroke by not naming his successor but asking the party to form a panel to choose one. This also served to bring the party together.

As of now, it seems that despite the requests for withdrawing his resignation, Sharad Pawar is not likely to yield. With vice-president Praful Patel withdrawing out of the race to be the president, all eyes are now on Pawar's daughter and NCP MP Supriya Sule. Party leaders are also veering towards the view that if Pawar does not withdraw his resignation, Sule should be chosen president. The party is working out a formula that would appease Ajit Pawar as Sule is likely to have a national role and leave the state to him. But that is easier said than done as Sharad Pawar and Supriya Sule have a tight grip on party affairs and even if Ajit Pawar is handed charge of the state, he will have little independence to run the unit as he desires.

Hence, it remains to be seen whether what Pawar desires (to keep the party together) by resigning and by getting the party to assign national role for Supriya Sule and state role for Ajit Pawar will work. Sharad Pawar is a canny politician and he wants to avoid a split in the party. But if Ajit Pawar still feels that this is just eyewash and the real power will still remain with Sharad Pawar and his daughter, he might not accept it and walk out of the party.