Holding the UPA government responsible for the sensex crash on Wednesday, BJP demanded a joint parliamentary committee (JPC) to probe the beneficiaries of the crash triggered by Sebi’s “untimely” proposal to regulate participatory notes.
The party pointed fingers at FM P Chidambaram and asked him to explain why he waited for the market to fall by nearly 1,800 points — which led to investors losing over Rs 4 lakh crore — before coming up with a clarification. The Congress, however, dismissed the Opposition’s demand for a JPC probe. Party spokesperson Shakeel Ahmed said, “The demand for a JPC has no relevance outside of Parliament.”
The BJP insisted that some manipulators and market players benefited from the crash as it seems they knew before-hand about the stock market plunge.
This is precisely why i believe that the BJP should stick to Ram Sethu & Ayodhya kind of issues. On any other issue when it opens its mouth, it sounds like a “party of morons”.
News courtesy: TimesofIndia