Why did Jairam Ramesh call for the resignation of SEBI chairperson and demand a JPC probe

Jairam Ramesh reiterated Congress' demand for a JPC probe and the resignation of SEBI chairperson.
  • Jairam Ramesh, a senior Congress leader, called for the resignation of SEBI chairperson due to alleged irregularities in the National Stock Exchange (NSE) colocation case.
  • He demanded a Joint Parliamentary Committee (JPC) probe to investigate the matter thoroughly and ensure accountability.
  • Ramesh highlighted concerns about the handling of the colocation case and its potential impact on the integrity of the Indian financial markets.
  • He emphasized the need for transparency and accountability in regulatory bodies like SEBI to maintain investor confidence and market stability.
  • Ramesh's actions reflect the Congress party's stance on combating corruption and ensuring fair practices in economic governance.
Answered 8 months ago
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