This Adani 'topi-pehnau-ed' this wonderful nation: Mahua Moitra in Lok Sabha

News Network
February 8, 2023

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New Delhi, Feb 8: TMC MP Mahua Moitra on Tuesday launched a stinging attack on the government over the Adani-Hindenburg issue and said the billionaire businessman had 'topi-pehnau-ed (duped)' the country.

While participating in the debate on the 'Motion of Thanks to the President's Address' in Lok Sabha, Moitra, without naming Adani, said that a famous person whose name starts with 'A' and ends with 'I' and is not Advani, who stinks of crony capitalism, had duped everyone.

Soon after she concluded her speech, there were angry exchanges between Trinamool Congress (TMC) and BJP members. Moitra was heard using certain objectionable words to which the Chair objected and urged members to avoid cuss words.

Parliamentary Affairs Minister Pralhad Joshi asked Moitra to apologise out of morality and said if she does not it would reflect on her culture.

Moitra brought two birthday caps to the House to press her argument that the businessman being most talked about had "topi-pehnau-ed" the government.

She demanded that an enquiry be ordered against the activities of the Adani group.

Beginning her address by quoting from President Droupadi Murmu's address, Moitra said, "Every word I utter is going to be an oblation and offering a truth into my 'maha yagna' of nation building."

"I want to start off by saying as an ex-investment banker, I want companies to thrive. But I want honest, hardworking Indian companies to strive and not trapeze artists. As an MP colleague of mine likes to say the Chair always asked me not to get angry. I will not be angry about what I have to say. I will only say that we've all been fooled," she said.

Moitra also alleged that the businessman gives the impression that doing things for him means that one would be in the prime minister and home minister's good books.

Referring to a statement by the Adani group in which it had said that short-seller Hindenburg's report was a calculated attack on India, she said, "The pride of India is not the wealth of one individual, pride of India lies in the robustness of its institutional structures."

She said a company which is in infrastructure makes five to 15 per cent returns if they are lucky and if they get everything right, but the multiple with which this company 'A' was trading was absolutely outrageous.

Even Google, Amazon and Microsoft don't trade on such multiples, she said.

"Honourable home minister, he has topi-pehnau-ed you...he is getting security clearances from the ministry of home affairs...Madam, finance minister he has topi-pehnau-ed you," the TMC leader said.

"This man has been allowed to use LIC, and SBI to get money as and when he likes. Honourable civil aviation, he has 'topi-pehnau-ed', you shipping minister, he has topi-pehna-ed you petroleum minister, he has 'topi-pehnau-ed' oil PSUs...power minister he has topi-pehnau-ed you," she said.

"India is on its way to becoming the third largest economy in the world. Don't let him smear your time in government, with a stink of crony capitalism. Please immediately order a full complete and thorough investigation into all matters...Our country's reputation is at risk," Moitra said.
She also said the House to has historically seen some of the greatest debates, some friendly, some not-so-friendly sparring matches.

"But it is more and less a sacred place where elected representatives could speak their minds without fear of favour...Today and I say this with a heavy heart, Lok Sabha is a space which stands out more for what cannot be said in this hall, then what can we say. The list of unmentionables is actually far longer than the list of mentionables," she claimed.

"We cannot say China, we cannot say Pegasus, we can not say BBC, we cannot say Morbi, we cannot say Rafael, and sometimes we cannot even say Modi ji...," she said.

The Opposition has been demanding a joint parliamentary committee probe or a Supreme Court-monitored investigation into the allegations of fraud and manipulation made by the US-based short seller Hindenburg Research against billionaire Gautam Adani's companies that triggered an unprecedented stock crash. The group has denied the charges.

The opposition parties have alleged that the meltdown in Adani Group shares is a 'mega scam' that involves common people's money as public sector LIC and SBI have invested in them and have questioned the government on steps taken by it.

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News Network
April 14,2025

Bengaluru: The leaked contents of Karnataka’s long-awaited caste census suggest a significant policy shift—extending the creamy layer rule to Category 1 castes under the backward classes reservation list. This category includes some of the most disadvantaged nomadic and microscopic communities.

The commission, headed by Jayaprakash Hegde, has reportedly recommended that the creamy layer policy—already applied to categories 2A, 2B, 3A, and 3B—be extended to Category 1. The report notes that some groups within Category 1 have achieved considerable progress socially, economically, educationally, and politically, thus justifying the introduction of a filtering mechanism.

The panel emphasized the growing inequality within Category 1 itself, stating that children from impoverished farming and labourer families are unable to compete with the children of wealthier households in the same category.

“The competition is stiff here and there is a threat that this category may become one populated by the rich in due course if the creamy layer policy is not implemented,” the report reportedly states.

It further underlines that to fulfil the constitutional goal of equitable opportunities, the policy must be introduced across all categories of backward classes, including Category 1.

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Agencies
April 22,2025

US President Donald Trump's administration intends to press India to give online retailers such as Amazon and Walmart full access to its $125 billion e-commerce market, the Financial Times reported on Tuesday, citing industry executives, lobbyists and US government officials.

The US plans to push Prime Minister Narendra Modi’s government for a level playing field on e-commerce in wide-ranging talks on a US-India trade agreement set to also cover sectors from food to cars, the newspaper reported.

It did not mention what measures the Trump administration expects from the Indian government.

Amazon and Walmart operate in India through local units but face restrictions on holding inventory and directly selling to consumers, unlike domestic firm Reliance, which can open physical stores and leverage its vast retail network to reach customers across the country.

Amazon and Walmart did not immediately respond to Reuters' requests for comment.

India and US are in the middle of chalking out a trade deal as part of New Delhi's efforts to avoid US tariffs.

US Vice President JD Vance also met with Indian Prime Minister Narendra Modi on Monday, as officials in New Delhi expect to clinch a trade deal with the U.S. within the 90-day pause on tariff hikes announced by Trump on April 9 for major trading partners.

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News Network
April 18,2025

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Prime Minister Narendra Modi and Tesla CEO Elon Musk held a telephonic conversation on Friday, discussing the vast potential for collaboration in the fields of technology and innovation. During the call, PM Modi reiterated India’s commitment to deepening its partnership with the United States in these sectors.

In a post on X, PM Modi shared, “Spoke to @elonmusk and talked about various issues, including the topics we covered during our meeting in Washington, DC, earlier this year. We discussed the immense potential for collaboration in the areas of technology and innovation. India remains committed to advancing our partnerships with the US in these domains.”

The two leaders had previously met in February at Blair House in Washington, DC. Their discussions focused on enhancing cooperation between Indian and US entities in innovation, space exploration, artificial intelligence, and sustainable development.

They also explored opportunities to strengthen collaboration in emerging technologies, entrepreneurship, and good governance. Elon Musk, who also heads the US Department of Government Efficiency (DOGE), was accompanied by three of his children during the February meeting.

In a statement, the Ministry of External Affairs (MEA) said, “The Prime Minister and Mr. Musk discussed strengthening collaboration between Indian and US entities in innovation, space exploration, artificial intelligence, and sustainable development. Their discussion also touched on opportunities to deepen cooperation in emerging technologies, entrepreneurship, and good governance.”

PM Modi also took to X to reflect on their earlier in-person meeting, saying, “Had a very good meeting with @elonmusk in Washington DC. We discussed various issues, including those he is passionate about, such as space, mobility, technology, and innovation. I also spoke about India’s reform efforts and the vision of ‘Minimum Government, Maximum Governance.’”

He added, “It was also a delight to meet Mr. @elonmusk’s family and to talk about a wide range of subjects!”

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