NEW DELHI: The Bharatiya Janata Party accused Congress leader Rahul Gandhi of batting for Chinese military hardware and said that Raebareli MP has a knack for ending up on the wrong side of the patriotic discourse.BJP IT chief Amit Malviya on Monday claimed that in 2021, Rahul Gandhi questioned why Indian forces did not use Chinese-style surveillance drones and even praised the PLA’s tactics during the Ladakh standoff.“At an academic interaction in London (2023), he claimed China is winning the “technology race” and urged India to learn from Chinese military innovation, including drone warfare,” Malviya said in a post on X and added that Rahul Gandhi has a curious obsession with Chinese military tech.“During a 2022 closed-door discussion with defence ‘experts’, Rahul reportedly pressed for India to ‘explore options’ similar to China’s tactical drone deployment in border areas. Whether it’s undermining India’s armed forces or amplifying enemy models, Rahul Gandhi has a knack for ending up on the wrong side of the patriotic discourse,” he added. Earlier on Monday, Malviya criticised Rahul Gandhi again for spreading fear and incorrect information about the stock market, highlighting that it has generated wealth for numerous retail investors through mutual funds and IPOs.Following SEBI’s action against hedge fund Jane Street for alleged index manipulation, Gandhi posted on X, “I clearly stated in 2024 — the F&O market has become a playground for ‘big players’, and small investors’ pockets are continuously being drained. Now, SEBI itself is admitting that Jane Street manipulated thousands of crores. Why did SEBI remain silent for so long?”BJP IT department head countered that SEBI’s ban on a global entity demonstrates robust regulatory measures to protect small investors. He noted that the investigation itself disproves Gandhi’s claims of SEBI’s silence.Malviya emphasised that the Modi government’s reforms have strengthened SEBI’s transparency and independence. He pointed out that major financial scandals occurred during Congress rule, citing Harshad Mehta, Ketan Parekh, and the UTI incident.The BJP representative highlighted India’s stock market growth, noting a USD 1 trillion increase in market capitalisation since March 2025. He detailed the mutual fund industry’s 576 per cent growth over a decade, with AUM rising from Rs 8 lakh crore to Rs 54 lakh crore.Referring to Gandhi as “Balakbudhhi”, Malviya criticised him for spreading market misinformation whilst maintaining his own investment portfolio. He cited increased SIP contributions and successful IPO launches, benefiting ordinary investors.Malviya concluded by questioning Gandhi’s understanding of market operations, suggesting that the Congress party’s credibility was diminishing while India’s markets continued to provide opportunities for millions of new investors under the Modi government’s leadership.
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