Parliament Budget Session | Lok Sabha, Rajya Sabha adjourned for the day amid uproar over Adani-Hindenburg issue

The Lok Sabha and the Rajya Sabha proceedings for the day were adjourned until February 3, 11 a.m. after the Opposition sloganeered and sought discussion over allegations of irregularities against Adani Group.

Updated - February 02, 2023 03:15 pm IST

Published - February 02, 2023 10:56 am IST

Both Houses of Parliament were adjourned till February 3 amid disruptions over the Opposition’s demand for debate on Adani rout on February 2.

Both Houses of Parliament were adjourned till February 3 amid disruptions over the Opposition’s demand for debate on Adani rout on February 2. | Photo Credit: PTI

Both the Lok Sabha and Rajya Sabha adjourned for the day amid sloganeering by Opposition members seeking discussions over allegations of fraud against the Adani Group. A united Opposition, led by Congress president Mallikarjun Kharge, demanded a probe into the Adani group, either by a Joint Parliament Committee or a CJI-appointed panel. Earlier during the pre-lunch session, proceedings in both the Houses were adjourned till 2 p.m. after Oppdemanded a discussion over the diminishing shares of the Adani Group, following accusations by the Hindenburg Research firm.

On Wednesday, Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24, which is also the last full budget of the present government before the 2024 elections. In the Budget, government focused on a slew of measures that expanded Capital Expenditure spending and tied in various priorities including Green Growth, Youth Power, and Inclusive Development. The Union Finance Minister highlighted that the current year’s economic growth is estimated to be at 7%, the “highest among all the major economies.”

The Budget Session of Parliament commenced on January 31 and will continue till April 6 with 27 sittings spread over 66 days with the usual recess.

  • February 02, 2023 14:07
    Rajya Sabha adjourned again

    Moments after resuming, Rajya Sabha Chairman Jagdeep Dhankar adjourned the proceedings till February 3 till 11 a.m. amid uproar by Opposition.

  • February 02, 2023 14:01
    Proceedings resume in Lok Sabha amid noisy scenes

    Members of the Opposition entered the Well of the House, raising slogans against the Narendra Modi-led government after proceedings resumed at 2 p.m.

    The Lok Sabha will reconvene at 11 a.m. on Friday.

  • February 02, 2023 14:00
    Proceedings to resume shortly

    Both Lok Sabha and Rajya Sabha are set to resume at 2 p.m. Earlier, both the Houses were adjourned during the Question Hour as Opposition demanded a discussion on the Adani issue.

  • February 02, 2023 13:09
    What is the Adani vs. Hindenburg row all about?

    U.S.-based short seller Hindenburg Research has hit back at Gujarat-based Adani Group and accused the conglomerate of “holding back India’s future”. Stocks of Adani Group tumbled last Wednesday after Hindenburg Research published a report titled “Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History”, following a two-year investigation, and raised concerns about its “substantial debt”. The financial researcher and short seller also accused the conglomerate of stock manipulation and fraud over decades.

    The Adani Group, however, has denied all charges and called the report malicious and full of lies, claiming it to be a “calculated attack on India”. In response, Hindenburg Research said that fraud cannot be “obfuscated by nationalism”.

    Click here to
  • February 02, 2023 12:50
    Opposition demands JPC or CJI-monitored probe into Adani Group

    Nine MPs, including Leader of the Opposition and Congress president Mallikarjun Kharge, Shiv Sena’s Priyanka Chaturvedi and Aam Aadmi Party’s Sanjay Singh, had given notices under rule 267 seeking suspension of regular business to discuss the Adani group stock route and its impact on millions of small investors as well as the hard earned savings of crores of Indians being endangered in loss of value of investments of LIC. Chairman Jagdeep Dhankhar rejected all the notices saying they were not in order. This infuriated the Opposition MPs who rose in their places to protest.

    Mr. Dhankar called for order in the House but the MPs continued to raise their demands, which also included the constitution of a joint parliamentary committee (JPC) to probe the entire fiasco. With the MPs not relenting, he adjourned the proceedings till 2 pm. No business was transacted. - PTI

  • February 02, 2023 12:23
    Hindenburg-Adani issue: What has the joint Opposition demanded?
    • Members of the Opposition are seeking a Joint Parliament Committee or a Supreme Court-monitored probe into the Adani Group crisis.
    • The Opposition has also demanded day-to-day reporting of the Joint Parliament Committee (JPC) or the SC-monitored probe into the issue which concerns public money.
  • February 02, 2023 11:53
    Public money is looted: Priyanka Chaturvedi

    Shiv Sena MP (Uddhav Thackeray faction) Priyanka Chaturvedi submitted Suspension of Business Notice in Rajya Sabha under Rule 267 to discuss the Adani vs. Hindenburg row. Speaking to the media, Ms. Chaturvedi said, “A significant amount of public money is locked in the Adani group through SBI and LIC. Therefore it is pertinent to discuss the matter in the House immediately.”

  • February 02, 2023 11:43
    Opposition seeks debate, demands investigation into Adani issue

    Speaking to the media, leaders of the Opposition sought debate and demanded an investigation into a report by the Hindenburg Research that accused the Adani Group.

    “Either a Joint Parliamentary Committee or a team under the supervision of the CJI of the Supreme Court should investigate this,” the Leader of Opposition Mallikarjun Kharge said.

  • February 02, 2023 11:33
    Adani-Hindenburg issue: Congress demands probe by Joint Parliamentary Committee

    Speaking on Hindenburg Research’s report on the Adani Group, Congress MP Manish Tewari said the party will demand that a Joint Parliamentary Committee (JPC) be constituted to probe the alleged aberrations. “The question is not only about one promoter but about the efficacy of the entire regulatory system,” Mr. Tewari said.

  • February 02, 2023 11:13
    Rajya Sabha adjourned till 2 p.m.

    The Rajya Sabha started on a stormy note on Thursday as Opposition leaders resorted to sloganeering during the Question Hour. The House was adjourned till 2 p.m. Several Opposition MPs have submitted adjournment notices in Parliament, demanding a discussion over Adani vs. Hindenburg row.

  • February 02, 2023 11:04
    Lok Sabha resumes proceedings, adjourned within minutes

    The Lower House was adjourned till 2 p.m, minutes after it resumed proceedings on Thursday monring following uproar by Opposition leaders.

  • February 02, 2023 10:54
    PM Modi chair meeting with Union Ministers

    Prime Minister Narendra Modi held a meeting with Union Ministers Amit Shah, Rajnath Singh, Anurag Thakur, Nirmala Sitharaman, Pralhad Joshi, Piyush Goyal, Nitin Gadkari, Kiren Rijiju to discuss government strategy in Parliament, news agency ANI reported.

  • February 02, 2023 10:45
    Opposition leaders meet to chalk out joint strategy

    Members of Opposition parties met in the Parliament complex on Thursday morning to evolve a joint strategy to take on the government during the Budget session.

    Several leaders of like-minded opposition parties met in the chamber of Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge, to discuss issues that are likely to be raised during the session.

    Later, MP Sanjay Raut told news agency ANI that the Opposition will raise the issue of the Hindenburg report and Adani stock crash in both Houses of Parliament.

    Joint oppn.jpeg

  • February 02, 2023 10:22
    Agenda for Rajya Sabha today

    Here is the list of business for the Rajya Sabha on February 2

    1. Question Hour
    2. The Motion of Thanks for the President’s address
  • February 02, 2023 10:21
    Agenda for Lok Sabha today

    Here is the list of business for Lok Sabha on February 2

    1. Question Hour
    2. Motion of Thanks on the President’s address
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