Deepening BJP-Sena rift exposed

Mumbai: Corridors of power in Maharashtra are witnessing a growing sense of unease. Stern and quick disciplinary actions against senior bureaucrats are rare in state administration. The recent suspension of a senior IAS officer for failing to brief a minister during an ongoing assembly session has sent shockwaves through the bureaucracy. It has also laid bare the intense power struggle between ruling alliance partners, the BJP and the Shiv Sena. The controversy erupted when presiding officer...

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Mumbai: Corridors of power in Maharashtra are witnessing a growing sense of unease. Stern and quick disciplinary actions against senior bureaucrats are rare in state administration. The recent suspension of a senior IAS officer for failing to brief a minister during an ongoing assembly session has sent shockwaves through the bureaucracy. It has also laid bare the intense power struggle between ruling alliance partners, the BJP and the Shiv Sena. The controversy erupted when presiding officer Dilip Lande ordered immediate suspension of Maharashtra Pollution Control Board (MPCB) Member Secretary M. Devendar Singh and Joint Director Satish Padwal. It is an unwritten parliamentary convention that presiding officers refrain from directing such severe administrative actions directly from the chair. However, the environment department acted with unprecedented speed. Sources indicate that the file implementing these suspension orders has already reached Chief Minister Devendra Fadnavis’ office. Babus Baffled This swift administrative compliance has caused a significant flutter among top officials. Many bureaucrats feel the Fadnavis administration is setting a dangerous precedent. Others quietly admit that the officers simply became collateral damage in a fierce political crossfire. The root of this administrative crisis lies in the fraught relationship between two key political figures. The environment department is headed by BJP Minister Pankaja Munde. Meanwhile, the MPCB is chaired by Shiv Sena leader Siddhesh Kadam. The two leaders reportedly do not see eye to eye. M. Devendar Singh, the suspended IAS officer, is widely considered to be close to senior Shiv Sena minister Sanjay Rathod. During his earlier tenure as the district collector of Ratnagiri, Singh also developed close ties with powerful Sena minister Uday Samant. Bureaucratic circles suggest that Singh was appointed as the MPCB member secretary last year primarily due to strong recommendations from Samant and Sanjay Rathod. Against this backdrop, the political rivalry between Munde and Kadam reached a boiling point. According to an MPCB insider, Kadam allegedly issued oral instructions to board officials ordering them not to share any information with minister Munde or her office without his prior consent. Caught between a hostile chairman and an inquiring minister, officers naturally shied away from providing crucial briefings. Sensing this deliberate blockade of information, frustrated Munde spilled the beans on the floor of the House. She admitted her inability to answer legislators’ questions due to non-cooperative officials. The issue quickly escalated, likely beyond the minister’s own imagination. The presiding officer intervened, and the bureaucrats ultimately bore the brunt of the political dysfunction. Top officials now privately acknowledge that this entire episode is a direct outcome of the shifting power dynamics between the BJP and the Shiv Sena. This incident is not an isolated case of administrative cracking of the whip. Recently, the government initiated strict disciplinary action against an assistant charity commissioner in Gondia simply for participating in a lucky draw without prior permission from her superiors. Together, these incidents are sending a chilling message down the administrative spine. While the government attempts to project an image of strict discipline and accountability, the bureaucracy is increasingly feeling the heat of coalition politics. Officials are now acutely aware that navigating the fragile egos of alliance partners is just as critical as their administrative duties.

India bears the brunt: Nifty crashes 1,100, Sensex nosedives 3,900 points after US trade shock

Correspondent
Apr 7, 2025
2 min read

India woke up to a financial jolt this morning as its equity markets suffered their steepest fall in nearly a year, shaken by the ripple effects of US President Donald Trump’s aggressive new tariff regime. The Sensex plunged over 3,900 points at opening bell, while the Nifty tumbled more than 1,100 points, dragging Indian stocks to a 10-month low.

This sharp decline follows a global equity rout triggered by Trump's protectionist measures, which have sent panic waves across Asia and raised the spectre of a global recession. Investors dumped shares in a massive sell-off, with Indian benchmarks reacting sharply in early trade. The Sensex dropped to 71,425.01 — down 3,939.68 points — while Nifty slipped to 21,743.65, marking a 3.5% slide from the last session.

Adding to the pressure, the Indian rupee depreciated 30 paise to open at 85.74 against the US dollar.

India Among the Hardest Hit

Trump’s latest tariff hike — framed as a push to restore fairness to global trade — has imposed country-specific duties that go as high as 50%. India has been slapped with a 26% tariff, while a 10% baseline duty applies to all nations. This has set alarm bells ringing among Indian exporters and traders already struggling with global demand volatility.

President Trump, unfazed by the financial carnage, likened the move to a bitter but necessary cure. “Sometimes you need the medicine to fix something,” he told reporters earlier today.

Analysts Urge Economic Safeguards

Market experts believe that India's current market turmoil isn't rooted in domestic issues but is rather a consequence of being tightly woven into global investment flows.

“India will face the heat, not due to domestic reasons, but as an interlinked chain in the global portfolio flows,” said Ajay Bagga, a noted market expert. “India will need a fiscal, monetary, and reform package to protect the domestic economy from this global economic winter that is threatening to settle in.”

Sunil Gurjar, SEBI-registered research analyst, warned that the Nifty50 index has breached its first support level and is approaching the next. "A further breakdown could worsen the trend and accelerate the fall," he cautioned.

Asian Markets Bleed

The tremors from Trump's announcement were first felt in Asia, with key markets suffering steep losses. China's stock markets fell over 4% amid retaliatory tariffs of 34% against the US. Hong Kong's Hang Seng nosedived more than 10%, while Japan’s Nikkei index fell 6.5% after plunging 8% earlier in the day. Taiwan saw a near-10% collapse, and Singapore dropped over 8%.

Wall Street Braces for Impact

US markets, though yet to open, appear set for a rough start. Futures contracts on the New York Stock Exchange are sharply down, suggesting heavy losses once trading resumes.

Market sentiment globally has turned bearish, with fears of a looming recession taking hold. Stephen Innes of SPI Asset Management described the scene as “free-fall mode,” noting, “Trump’s team isn’t blinking. The tariffs are being treated as a victory lap, not a bargaining chip.”