Politics3 min read

'Refrain from seeing ghosts everywhere': Sitharaman flays Rahul over Tata Group remarks

By · Via Times of India · Published by Everything Blog

In short

The dispute intensified after Rahul Gandhi accused Prime Minister Narendra Modi and Amit Shah of using Indian business as a plaything and criminally harming the Tata Group. Nirmala Sitharaman rejected the claims, countering that the opposition leader is attempting to incite corporate leaders while misrepresenting standard commercial affairs. The political sparring was triggered by Noel Tata's October 26 letter challenging Chandrasekaran's leadership role on procedural grounds.

Key points

  • The central government firmly denied opposition claims regarding political meddling withi…: The central government firmly denied opposition claims regarding political meddling within the operations of the Tata Group.
  • Nirmala Sitharaman defended the administration's economic record while contrasting it wit…: Nirmala Sitharaman defended the administration's economic record while contrasting it with the historical Congress-era Licence-Quota Raj.
  • Internal leadership friction within Tata Sons sparked a wider political dispute over the…: Internal leadership friction within Tata Sons sparked a wider political dispute over the treatment of Indian corporate enterprises.

Sources checked by our analysis pipeline: 1

NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday asked Rahul Gandhi to “refrain from seeing ghosts everywhere” after the Congress leader accused the government of “criminally destroying” the Tata Group.Sitharaman’s remarks came after Rahul Gandhi questioned business leaders’ "silence" on the comglomerate in a post on X, amid a dispute over the reappointment of N Chandrasekaran as executive chairman of Tata Sons.Also Read | ‘Tata is being criminally destroyed’: Rahul Gandhi targets PM Modi, Amit Shah amid boardroom feud“Being the LoP @RahulGandhi, I suggest you refrain from politicising every issue. Also, casually labelling commercial and legal matters as criminal is unacceptable,” Sitharaman wrote on X.

She alleged that the Congress MP had “repeatedly decried” the successes of Indian industry and its entrepreneurs. The finance minister also accused the Lok Sabha leader of the opposition of now trying to “incite” business leaders to join him in “spreading distrust and toxicity.”Sitharaman further claimed that the Congress had “smothered” Indian entrepreneurs through its “stifling Licence-Quota Raj”, contrasting it with the BJP-led government’s approach of "supporting industry, encouraging investment and promoting economic growth."“For decades, your party had smothered the spirit of Indian entrepreneurs under the stifling ‘Licence-Quota Raj’ and inflicted poverty on crores of Indians.

On the other hand, our government led by PM @narendramodi values Indian industry as a creator of jobs and a driver of economic growth. Our policies have been tailored to enable enterprise, support industry and encourage investment,” she added.Sitharaman urged Gandhi to “engage constructively” with the government instead of “casting baseless aspersions” to suit his “narrow political motives”.“The Constitution of India ensures justice to all its citizens and our Honourable Courts are entrusted with upholding it. History is witness to the shoddy manner in which you, your party and the PMs belonging to your party have demeaned the judiciary. So Rahul ji, refrain from seeing ghosts everywhere,” the finance minister said.Earlier in the day, Rahul Gandhi wrote on X targeting Prime Minister Narendra Modi and Union home minister Amit Shah: “Tata is being criminally destroyed, and no business leader dares say a word. How long will you stay silent? Until they own you? Indian business is not Modi and Shah's plaything.

You lack courage. We don't. We will ensure justice for these crimes.”

What is the Tata Sons matter

Rahul Gandhi’s remarks came amid a dispute within the Tata Group over the reappointment of N Chandrasekaran as executive chairman of Tata Sons. Tata Trusts chairman Noel Tata has challenged the decision, alleging procedural irregularities and questioning the validity of the resolution.In an October 26 letter to Tata Sons’ company secretary, Noel Tata argued that the reappointment was invalid, citing the absence of a Selection Committee recommendation and the failure to meet requirements under the company’s Articles of Association. He also sought the board meeting’s recordings, minutes and voting details, and asked the company to inform regulators that the resolution’s validity was disputed.

Karan Manral is a journalist at the Times of India. He covers politics, social issues, and international affairs, exploring stories that affect people’s everyday lives. He also writes explainers to make these stories easier for readers to follow.

Original source: timesofindia.indiatimes.com

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