Why did Jairam Ramesh call for the resignation of SEBI chairperson

‘SEBI chairperson must resign’: Jairam Ramesh says while reiterating Congress’ demand for JPC probe
  • Jairam Ramesh called for the resignation of the SEBI chairperson due to alleged involvement in the recent market volatility.
  • The Congress party has been demanding a Joint Parliamentary Committee (JPC) probe into the market collapse.
  • Ramesh stated that the SEBI chairperson's continuation in office could compromise the regulatory authority's impartiality and credibility.
  • He emphasized the need for transparency and accountability in the functioning of regulatory bodies like SEBI.
  • Ramesh's demand is part of the broader call for accountability and oversight in the aftermath of the market turmoil.
These points illustrate Jairam Ramesh's rationale for calling for the SEBI chairperson's resignation amidst the demand for a JPC probe by the Congress party.
Answered 8 months ago
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