“Narrative Aimed at Destroying Our Economy”: VP Dhankhar’s Jibe at Rahul Gandhi Over Hindenburg Report

GG News Bureau
New Delhi, 16th August. Vice President Jagdeep Dhankhar today raised concerns over what he described as a campaign aimed at damaging the Indian economy, taking an apparent dig at Congress leader Rahul Gandhi. Dhankhar’s remarks were seen as a response to Gandhi’s recent statements about the Hindenburg Research report and his call for Supreme Court intervention on the matter.

Speaking to law students at the National Law University (NLU), Mr. Dhankhar expressed his worry about an individual in a “constitutional position” seeking to destroy the nation’s economic stability. “I got extremely worried when a person holding a constitutional position, just last week, declared in a well-publicised media campaign, beseeching the Supreme Court to suo-motu invoke jurisdiction to give wings to a narrative aimed at destroying our economy,” Dhankhar said.

While he did not directly name Rahul Gandhi, his comments were interpreted as a reference to Gandhi’s criticism of the Adani Group and the markets regulator, SEBI, following the latest Hindenburg report. Gandhi had urged the Supreme Court to take suo-motu cognisance of the issue.

The Vice President urged the youth to be vigilant against forces that prioritize partisan interests over national welfare. “We cannot allow it. It happens, it is at the cost of our rise,” Dhankhar stated.

Addressing the concept of suo-motu action, Mr. Dhankhar questioned whether the highest courts in countries like the United States and the United Kingdom had ever invoked such jurisdiction. “Look around the globe, look at the Supreme Court in the US or the highest court in the U.K. Has there been suo-motu cognisance even once?” he asked, emphasizing that the judiciary’s jurisdiction is defined by the Constitution.

The Hindenburg Research report, which targeted SEBI chief Madhabi Puri Buch and raised concerns about the Adani Group, has been dismissed by both SEBI and the Adani Group as “baseless” and “malicious.” SEBI had previously initiated action against the Adani Group in July, and Ms. Buch highlighted the timing of the report, suggesting it was meant to disrupt ongoing regulatory efforts.