Chaos, Allegations & Political Polarisation

The state of the world at present can be best described, as being in the middle of perpetual waves of chaos and pandemonium. The exponential amplification of tension around the world about imminent wars, new diseases and fiercely fought political campaigns is at an all-time high.

The political climate specifically is toxic worldwide, whether it is Trump Vs Kamala in the US, Rishi Sunak's ouster from parliament in the UK, or the Congress Party’s recent barrage of allegations and attacks against the SEBI chairperson in India.

Our political differences are stronger now than ever. However, what should remain clear is the difference between good intentions and actions to cause disruption and chaos.

The Congress Party has laid fresh allegations that Ms Madhuri Buch received Rs 16.8 crore from ICICI Bank between 2017 and 2024, even while she was serving as a full-time member of SEBI . The Congress party has also alleged that Buch's consulting firm, Agora Advisory Private Limited, continued to operate and earn Rs 2.95 crore from companies like Mahindra & Mahindra, even after she took up the role at SEBI. This allegation has been refuted and denied by the automaker. The most recent allegation sans evidence from Congress claims that Buch received rental income from an entity linked to a company under SEBI's investigation for insider trading, raising further questions about potential conflicts of interest.

‘Polarisation’ has seeped into the cultural veins of almost every corner of the world. Ideological differences are now the core reasons behind breakups in relationships, friendships etc., The objective lens of insight and perspective has been cast away.

This polarisation and chaos are also being aided by disruptive shylocks around the world. These disruptive entities are everywhere in the world and are hard to bring down, especially in large democratic countries. One such disruptor as described above has been the ‘Hindenburg’ organisation. Much like the airship for World War, which its name is inspired by, this organisation has chaos in multiple economies by releasing reports of alleged corruption by a government and then profiting from their reports by short selling on their respective economy. The venom this entity has spewed into the Indian political culture at present has opened the gates for the Congress party to cause more disruption.

This recent report has inspired the Congress party whose only mission in the last 10 years has been to bring down the current government by hook or crook, keeping the progress of the country aside.

So, Why is the Congress Party doing this? Desperation is a reason, Congress is moving with the tunnel vision of somehow linking any and every corruption charge to the present government to blemish their name in every way possible, even though they don't exactly have a squeaky clean track record themselves.

The election results are another reason, with the recent decrease in seats in the election for the BJP, the Congress want to fan the flames from every angle possible to make sure the former is removed from power by the next election season

Finally, Twitter politics plays a major factor. Being relevant by grabbing attention online is the most valued currency these days. Any political party is invisible if they do not have an online presence. What is the easiest way to make people keep talking about you? Present yourself as a so-called “saviour’’ by tarnishing the opposition at any given chance.

So what are the Key Takeaways we can learn from this? The modus operandi of Congress seems to be ‘Keep throwing allegations on the wall hoping it sticks’, evidence is irrelevant. This can be presented in court, however, that has not been the case so far.

Their initial approach to attacking the BJP is always done through press conferences and grandiose rollouts as if they are releasing a new movie, failing to understand that none of these allegations will stand in court as evidence.

SEBI just seems to be the new attractive target for today. Tomorrow they will target any and every institution that suits their fancy and have their eyes on.

Conclusion

As Mark Twain once wisely said “ A lie can travel halfway around the world while the truth is still putting on its shoes”

These polarising times will unfortunately keep continuing and grow deeper as the years go on. With a world war on the horizon, civil unrest, potential new diseases and pandemics, it is more important now than ever to stay united and not be emotionally triggered by any political party.