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	<title>transparency &#8211; The Milli Chronicle</title>
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	<title>transparency &#8211; The Milli Chronicle</title>
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	<item>
		<title>India’s privacy law faces Supreme Court test amid press freedom concerns</title>
		<link>https://millichronicle.com/2026/03/63789.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 14:33:25 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[AnjaliBhardwaj]]></category>
		<category><![CDATA[AshwiniVaishnaw]]></category>
		<category><![CDATA[CentreForLawAndDemocracy]]></category>
		<category><![CDATA[civilrights]]></category>
		<category><![CDATA[democracy]]></category>
		<category><![CDATA[DigitalDataProtection]]></category>
		<category><![CDATA[digitalregulation]]></category>
		<category><![CDATA[globalranking]]></category>
		<category><![CDATA[governance]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[informationaccess]]></category>
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		<category><![CDATA[legalchallenge]]></category>
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		<category><![CDATA[publicinterest]]></category>
		<category><![CDATA[RTIlaw]]></category>
		<category><![CDATA[SupremeCourt]]></category>
		<category><![CDATA[transparency]]></category>
		<category><![CDATA[VenkateshNayak]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=63789</guid>

					<description><![CDATA[New Delhi-Transparency activists and journalists have challenged the Indian government in the Supreme Court of India over a new privacy]]></description>
										<content:encoded><![CDATA[
<p><strong>New Delhi-</strong>Transparency activists and journalists have challenged the Indian government in the Supreme Court of India over a new privacy law, arguing it could restrict access to information and have a “chilling” effect on journalism.</p>



<p>At least four petitions are scheduled to be heard on March 23, targeting amendments linked to the Digital Personal Data Protection Act that critics say weaken the country’s two-decade-old Right to Information framework.</p>



<p>The dispute centers on a provision excluding “personal information” from disclosure under the Right to Information Act. Previously, such information could be released if it served the public interest.</p>



<p>Petitioners argue the change could allow authorities to withhold key data, including details about public spending or officials involved in controversial projects, thereby undermining accountability.</p>



<p>Anjali Bhardwaj said the amendment could enable the government to block disclosure of information critical to public scrutiny, while activist Venkatesh Nayak described the move in court filings as a “death knell for participatory democracy.”</p>



<p>The government of Narendra Modi has rejected allegations that it is curbing transparency, saying the law maintains a balance between privacy rights and access to information.</p>



<p>IT Minister Ashwini Vaishnaw told parliament the changes would “not restrict the disclosure of personal information” and adhere to the principle of “maximum disclosure and minimum exemptions.</p>



<p>”Officials have also denied broader accusations of suppressing dissent, stating that content removal orders are limited to unlawful material.</p>



<p>The controversy comes amid wider scrutiny of India’s transparency framework. The country’s position in a global ranking by the Centre for Law and Democracy has fallen from second place in 2013 to ninth, with researchers citing expanding exemptions under the RTI regime.</p>



<p>Journalists and civil society groups have expressed concern that the amended law, combined with stricter digital regulations, could affect investigative reporting and access to public-interest information.</p>



<p>The privacy legislation also introduces significant financial penalties for non-compliance by technology companies, adding another layer of regulatory oversight in India’s digital ecosystem.</p>
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		<item>
		<title>IndusInd Bank strengthens accountability and governance with proactive leadership actions</title>
		<link>https://millichronicle.com/2025/11/59061.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Tue, 11 Nov 2025 10:50:17 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
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		<category><![CDATA[accountability]]></category>
		<category><![CDATA[compliance]]></category>
		<category><![CDATA[corporate ethics]]></category>
		<category><![CDATA[customer trust]]></category>
		<category><![CDATA[digital transformation]]></category>
		<category><![CDATA[ethical banking]]></category>
		<category><![CDATA[financial control]]></category>
		<category><![CDATA[financial reporting]]></category>
		<category><![CDATA[governance]]></category>
		<category><![CDATA[Indian banking sector]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[internal audit]]></category>
		<category><![CDATA[internal systems]]></category>
		<category><![CDATA[investor confidence]]></category>
		<category><![CDATA[leadership review]]></category>
		<category><![CDATA[private sector bank]]></category>
		<category><![CDATA[RBI guidelines]]></category>
		<category><![CDATA[responsible banking]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[transparency]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=59061</guid>

					<description><![CDATA[Mumbai &#8211; IndusInd Bank has taken significant steps to reinforce transparency and trust, demonstrating its strong commitment to ethical banking]]></description>
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<p><strong>Mumbai</strong> &#8211; IndusInd Bank has taken significant steps to reinforce transparency and trust, demonstrating its strong commitment to ethical banking practices and sound governance. The bank’s board has initiated proactive measures to review leadership accountability, setting a new benchmark for responsibility in India’s private banking sector.</p>



<p>This move showcases the bank’s dedication to integrity and its focus on maintaining the highest standards of compliance. By taking timely action, IndusInd Bank sends a clear message that it values ethical conduct, accuracy in reporting, and customer trust above all else.</p>



<p>The review process reflects the institution’s commitment to strengthening its internal systems. It also highlights the proactive attitude of the new leadership, ensuring that every decision made aligns with regulatory guidelines and industry best practices.</p>



<p>The board’s decision to seek expert legal opinion demonstrates a structured, transparent, and responsible approach to corporate governance. It reinforces confidence among shareholders, employees, and customers who see the bank’s renewed focus on accountability and compliance.</p>



<p>By improving its internal monitoring framework, IndusInd Bank is taking measurable steps to build a more resilient and trustworthy organization. Its leadership has shown readiness to address past discrepancies while ensuring that such instances do not recur in the future.</p>



<p>The focus now lies on enhancing internal controls, refining auditing systems, and ensuring greater accuracy in financial reporting. These efforts align with the Reserve Bank of India’s (RBI) guidelines on responsible banking and transparent financial management.</p>



<p>The new management has been actively strengthening operational structures, implementing stricter checks and balances, and introducing more robust systems for transparency. These steps aim to safeguard investor interests while promoting accountability across all departments.</p>



<p>IndusInd Bank’s ongoing internal review and accountability exercises reflect its deep commitment to rebuilding trust. It is also setting a positive example for the broader Indian banking sector, emphasizing that responsibility and good governance are essential for long-term growth.</p>



<p>The bank’s actions are expected to inspire greater confidence in the financial market, as it continues to uphold the principles of fairness, compliance, and transparency. It also highlights the progressive mindset of its leadership, which aims to create a culture of ethical excellence within the organization.</p>



<p>The management is working towards completing a comprehensive organizational overhaul before the next financial year begins. This transformation will further enhance efficiency, streamline operations, and ensure greater alignment with global banking standards.</p>



<p>In addition, IndusInd Bank has created a special internal panel to strengthen financial systems and ensure compliance with evolving market regulations. This move will help prevent future risks and foster a culture of preventive governance.</p>



<p>With its renewed vision, IndusInd Bank continues to focus on responsible banking practices, innovative solutions, and digital transformation to serve customers better. The bank’s proactive actions have positioned it as a forward-thinking and accountable institution ready to lead India’s private banking future.</p>



<p>Through these initiatives, IndusInd Bank demonstrates that true leadership lies in taking responsibility, learning from challenges, and creating systems that ensure sustainable growth. The organization’s transparency-driven approach not only strengthens its market reputation but also boosts confidence among investors and stakeholders.</p>



<p>IndusInd Bank’s focus on accountability, compliance, and ethical leadership stands as a model for the Indian financial industry. It showcases how decisive actions, guided by integrity, can transform challenges into opportunities for growth and trust-building.</p>
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		<item>
		<title>Visa and Mastercard Announce Landmark $38 Billion Settlement to Support Merchants</title>
		<link>https://millichronicle.com/2025/11/59031.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Mon, 10 Nov 2025 19:14:59 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[World]]></category>
		<category><![CDATA[$38 billion settlement]]></category>
		<category><![CDATA[business empowerment]]></category>
		<category><![CDATA[credit card fees]]></category>
		<category><![CDATA[digital payments]]></category>
		<category><![CDATA[fair payment system]]></category>
		<category><![CDATA[fee cap]]></category>
		<category><![CDATA[financial inclusion]]></category>
		<category><![CDATA[fintech development]]></category>
		<category><![CDATA[global commerce]]></category>
		<category><![CDATA[global financial system]]></category>
		<category><![CDATA[innovation in payments]]></category>
		<category><![CDATA[Joseph Stiglitz]]></category>
		<category><![CDATA[Mastercard]]></category>
		<category><![CDATA[merchant relief]]></category>
		<category><![CDATA[payment flexibility]]></category>
		<category><![CDATA[retail savings]]></category>
		<category><![CDATA[secure payments]]></category>
		<category><![CDATA[small business support]]></category>
		<category><![CDATA[sustainable finance]]></category>
		<category><![CDATA[swipe fee reduction]]></category>
		<category><![CDATA[transaction efficiency]]></category>
		<category><![CDATA[transparency]]></category>
		<category><![CDATA[U.S. merchants]]></category>
		<category><![CDATA[visa]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=59031</guid>

					<description><![CDATA[New five-year agreement aims to lower swipe fees, boost flexibility, and enhance fairness for businesses worldwide. In a groundbreaking move]]></description>
										<content:encoded><![CDATA[
<blockquote class="wp-block-quote">
<p>New five-year agreement aims to lower swipe fees, boost flexibility, and enhance fairness for businesses worldwide.</p>
</blockquote>



<p>In a groundbreaking move for global commerce, Visa and Mastercard have unveiled a $38 billion settlement designed to reduce card processing fees and empower merchants with greater control over payment choices.</p>



<p>The historic accord concludes two decades of litigation and ushers in a new era of cooperation between financial institutions and retailers.</p>



<p>The settlement focuses on lowering “swipe fees” — the charges merchants pay to accept card payments — by 0.1 percentage point for the next five years.</p>



<p>This measure is expected to deliver tangible cost savings and strengthen the business ecosystem across the United States.</p>



<p>Beyond reducing fees, the agreement promotes transparency and flexibility, giving merchants the option to select which card types they will accept, including commercial, premium, and standard consumer cards.</p>



<p>This change allows businesses to tailor payment options according to their operational needs and customer preferences.</p>



<p>A major highlight of the settlement is the 1.25% cap on standard consumer rates, locked in for eight years. This represents a significant 25% reduction, benefitting small and mid-sized merchants in particular.</p>



<p>The reforms also introduce greater freedom for merchants to apply surcharges of up to 3% when customers pay by card, further leveling the financial playing field. These measures collectively aim to strengthen retail profitability while maintaining competitive, consumer-friendly pricing.</p>



<p>Financial experts, including Nobel laureate Joseph Stiglitz, estimate that the total savings for merchants over the duration of the settlement could exceed $200 billion.</p>



<p>This massive financial relief underscores Visa and Mastercard’s commitment to advancing innovation, inclusion, and shared success in the global payment landscape.</p>



<p>Both companies emphasized their dedication to collaboration and modernization. Visa stated that the settlement provides “meaningful relief and more options” for merchants, while Mastercard highlighted its focus on empowering small businesses with simplified rules and lower costs.</p>



<p>Importantly, neither company admitted wrongdoing — a testament to their proactive approach to resolving long-standing challenges.<br>Instead, the focus remains on creating sustainable, long-term partnerships between the payments industry and the business community.</p>



<p>Industry leaders also see the agreement as a milestone in fostering financial inclusivity. By ensuring a fairer, more transparent system, Visa and Mastercard are setting new global benchmarks for digital payment innovation and responsible business conduct.</p>



<p>This landmark decision not only benefits merchants but also enhances consumer trust in the evolving digital payments ecosystem.<br>It aligns with the broader movement toward cashless economies, secure transactions, and smarter financial infrastructure worldwide.</p>



<p>Through this settlement, Visa and Mastercard reaffirm their leadership in shaping the future of payments — one that values collaboration, innovation, and economic empowerment for all.</p>



<p>The result is a forward-looking model that strengthens businesses, protects consumers, and advances financial fairness on a global scale.</p>
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		<title>Saudi Arabia to chair global audit body</title>
		<link>https://millichronicle.com/2025/10/58506.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 31 Oct 2025 19:48:55 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[accountability]]></category>
		<category><![CDATA[audit body]]></category>
		<category><![CDATA[auditing excellence.]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[financial auditing]]></category>
		<category><![CDATA[GCA]]></category>
		<category><![CDATA[global cooperation]]></category>
		<category><![CDATA[global leadership]]></category>
		<category><![CDATA[governance]]></category>
		<category><![CDATA[Hussam Alangari]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[international recognition]]></category>
		<category><![CDATA[INTOSAI]]></category>
		<category><![CDATA[public financial management]]></category>
		<category><![CDATA[riyadh]]></category>
		<category><![CDATA[saudi arabia]]></category>
		<category><![CDATA[sharm el-sheikh]]></category>
		<category><![CDATA[sustainability]]></category>
		<category><![CDATA[transparency]]></category>
		<category><![CDATA[vision 2030]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=58506</guid>

					<description><![CDATA[Riyadh &#8211; Saudi Arabia has achieved another historic milestone by securing the chairmanship of the International Organization of Supreme Audit]]></description>
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<p><strong>Riyadh</strong> &#8211; Saudi Arabia has achieved another historic milestone by securing the chairmanship of the International Organization of Supreme Audit Institutions, marking a new chapter in global financial accountability and transparency. </p>



<p>This significant achievement was announced during the 25th General Assembly of INTOSAI held in Sharm El-Sheikh, under the patronage of Egyptian President Abdel Fattah El-Sisi. </p>



<p>The Kingdom, represented by the General Court of Audit, will officially assume the chairmanship in 2031 for a three-year term, reinforcing its position as a global leader in financial governance and auditing excellence.</p>



<p>This remarkable success reflects Saudi Arabia’s continuous efforts to enhance public-sector efficiency, promote transparency, and strengthen accountability mechanisms across government institutions.</p>



<p> Hosting delegations from over 195 countries, Saudi Arabia will play a vital role in shaping international auditing standards, guiding discussions on best practices, and ensuring that financial systems worldwide operate with integrity and reliability. </p>



<p>The Kingdom’s leadership in INTOSAI symbolizes its growing influence in international affairs and its ability to drive meaningful change within the global economic and governance framework.</p>



<p>The General Court of Audit, under the leadership of President Dr. Hussam Alangari, has worked tirelessly to modernize the auditing process, improve institutional independence, and enhance technical expertise. </p>



<p>Dr. Alangari expressed his deep appreciation to King Salman and Crown Prince Mohammed bin Salman for their unwavering support in empowering the GCA to reach international recognition. </p>



<p>He noted that this achievement mirrors the Kingdom’s commitment to advancing good governance, transparency, and effective public-sector performance in line with Vision 2030’s national transformation goals.</p>



<p>Saudi Arabia’s chairmanship of INTOSAI comes at a time when global financial accountability and performance auditing are gaining increasing importance. </p>



<p>Through this leadership, the Kingdom will contribute to developing innovative auditing methodologies, promoting sustainable governance frameworks, and encouraging cooperation among supreme audit institutions worldwide. </p>



<p>The initiative highlights Saudi Arabia’s proactive role in strengthening international partnerships and fostering trust between governments and their citizens.</p>



<p>Dr. Alangari emphasized that the GCA’s recent progress in organizational development, capacity building, and digital transformation has set a new benchmark for audit institutions globally. </p>



<p>He added that Saudi Arabia’s selection as INTOSAI chair is not only a recognition of its achievements but also a responsibility to lead efforts toward greater transparency and efficiency in public financial management. </p>



<p>These developments align perfectly with Vision 2030’s objective of building a vibrant, accountable, and high-performing public sector that meets the needs of both citizens and investors.</p>



<p>The upcoming chairmanship in 2031 will see Riyadh become the global hub for discussions on auditing excellence, fiscal transparency, and performance management. </p>



<p>Saudi Arabia will host experts, policymakers, and institutional leaders from around the world, creating opportunities for knowledge exchange and international collaboration. </p>



<p>This momentous event will also showcase the Kingdom’s growing capabilities in digital governance, financial innovation, and institutional leadership.</p>



<p>Saudi Arabia’s leadership of INTOSAI reinforces its status as a global center of integrity, transparency, and accountability.</p>



<p> It demonstrates the country’s readiness to guide global efforts in achieving better governance outcomes and promoting economic stability through sound auditing practices.</p>



<p> This success reflects the confidence of the international community in the Kingdom’s vision, values, and ability to deliver results that benefit both regional and global development.</p>



<p>Dr. Alangari concluded by stating that Saudi Arabia looks forward to welcoming the world in 2031 and shaping a shared future that prioritizes transparency, good governance, and sustainable growth. </p>



<p>He affirmed that this new role will strengthen the Kingdom’s contribution to the global financial ecosystem and highlight its dedication to fostering a culture of accountability and excellence.</p>
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		<title>SEBI Strengthens Market Integrity with Action Against Unfair Trading</title>
		<link>https://millichronicle.com/2025/10/58131.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Sat, 25 Oct 2025 13:12:51 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Arjun Discretionary Trust]]></category>
		<category><![CDATA[Bharat Kanaiyalal Sheth Family Trust]]></category>
		<category><![CDATA[capital markets]]></category>
		<category><![CDATA[compliance]]></category>
		<category><![CDATA[ethical trading]]></category>
		<category><![CDATA[financial regulation]]></category>
		<category><![CDATA[financial stability]]></category>
		<category><![CDATA[front running]]></category>
		<category><![CDATA[governance]]></category>
		<category><![CDATA[India finance news.]]></category>
		<category><![CDATA[Indian stock market]]></category>
		<category><![CDATA[insider trading]]></category>
		<category><![CDATA[investor confidence]]></category>
		<category><![CDATA[market fairness]]></category>
		<category><![CDATA[market integrity]]></category>
		<category><![CDATA[Ravi Sheth Family Trust]]></category>
		<category><![CDATA[sebi]]></category>
		<category><![CDATA[SEBI penalties]]></category>
		<category><![CDATA[Securities and Exchange Board of India]]></category>
		<category><![CDATA[transparency]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=58131</guid>

					<description><![CDATA[Mumbai &#8211; India’s financial regulator, the Securities and Exchange Board of India (SEBI), has reaffirmed its commitment to maintaining transparency]]></description>
										<content:encoded><![CDATA[
<p><strong>Mumbai</strong> &#8211; India’s financial regulator, the Securities and Exchange Board of India (SEBI), has reaffirmed its commitment to maintaining transparency and fairness in the country’s capital markets by taking decisive action against individuals involved in front running activities. The move marks another step in SEBI’s continuous efforts to ensure investor confidence and uphold the integrity of India’s fast-growing securities market.</p>



<p>The regulator barred 13 individuals from participating in the securities market after a detailed investigation revealed that they engaged in front running transactions related to trades made by three family trusts. This practice, which involves trading on confidential information about upcoming large transactions, can distort market fairness and undermine investor trust.</p>



<p>The investigation focused on the trading activities linked to the Bharat Kanaiyalal Sheth Family Trust, Ravi Kanaiyalal Sheth Family Trust, and Arjun Discretionary Trust. It covered the period from January 2021 to October 2022 and revealed that certain individuals had used insider information to gain an unfair advantage in the market.</p>



<p>By identifying and penalizing these actions, SEBI has sent a strong signal that unethical practices will not be tolerated in India’s financial system. The regulator imposed monetary penalties ranging from 500,000 rupees to 1.5 million rupees, ensuring that those found guilty are held accountable for the illegal profits they earned.</p>



<p>Such enforcement actions highlight the regulator’s increasing vigilance in detecting and deterring market misconduct. SEBI’s use of advanced surveillance systems and data analytics has made it more capable of tracking suspicious trading patterns and ensuring greater accountability among market participants.</p>



<p>The decision also reflects India’s broader push to align its regulatory standards with global norms. By maintaining strict enforcement mechanisms, SEBI strengthens the credibility of Indian markets and reassures domestic and international investors that the system remains robust and transparent.</p>



<p>Front running, though often carried out by a small number of participants, can have widespread effects on market fairness. SEBI’s consistent monitoring ensures that investors—large and small alike—operate in a level playing field where prices reflect genuine demand and supply rather than manipulation or insider activity.</p>



<p>The case also demonstrates SEBI’s evolving regulatory approach, where deterrence is balanced with systemic improvements. The regulator continues to educate investors and intermediaries about compliance obligations, ethical standards, and the long-term importance of transparent trading behavior.</p>



<p>By addressing violations promptly, SEBI helps prevent potential risks to market stability. The regulator’s proactive stance also enhances confidence among institutional investors, mutual funds, and foreign portfolio investors who rely on India’s markets for predictable and ethical financial transactions.</p>



<p>This latest enforcement action comes at a time when India’s capital markets are expanding rapidly, with record levels of retail participation and growing foreign investment. Maintaining the integrity of this ecosystem is essential for sustaining economic growth and positioning India as a global financial hub.</p>



<p>Experts note that SEBI’s actions not only punish wrongdoing but also serve as an example for market participants to strengthen their internal controls, compliance systems, and governance frameworks. Such measures are crucial for the long-term health of India’s securities sector.</p>



<p>As the financial landscape becomes increasingly digital and data-driven, SEBI continues to enhance its technological capabilities to identify irregularities faster and more accurately. This digital oversight ensures that the regulator stays ahead of evolving forms of market abuse.</p>



<p>Through this decisive action, SEBI reinforces its role as a guardian of investor interests and market ethics. The regulator’s commitment to transparency, discipline, and fairness continues to build trust in India’s financial markets, ensuring they remain a secure and attractive destination for investment in the years ahead.</p>
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		<title>SEBI Strengthens Market Integrity with Swift Action Against Insider Trading at India’s Power Regulator</title>
		<link>https://millichronicle.com/2025/10/57524.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Wed, 15 Oct 2025 20:14:36 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
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		<category><![CDATA[Central Electricity Regulatory Commission]]></category>
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		<category><![CDATA[economic transparency]]></category>
		<category><![CDATA[ethical governance]]></category>
		<category><![CDATA[fair governance]]></category>
		<category><![CDATA[financial compliance]]></category>
		<category><![CDATA[financial discipline]]></category>
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		<category><![CDATA[financial watchdog]]></category>
		<category><![CDATA[India energy sector]]></category>
		<category><![CDATA[India stock market]]></category>
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		<category><![CDATA[insider trading case]]></category>
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		<category><![CDATA[SEBI interim order]]></category>
		<category><![CDATA[SEBI leadership.]]></category>
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		<guid isPermaLink="false">https://millichronicle.com/?p=57524</guid>

					<description><![CDATA[Move reinforces India’s commitment to transparency, accountability, and fair financial governance In a landmark decision underscoring its commitment to maintaining]]></description>
										<content:encoded><![CDATA[
<blockquote class="wp-block-quote">
<p>Move reinforces India’s commitment to transparency, accountability, and fair financial governance</p>
</blockquote>



<p>In a landmark decision underscoring its commitment to maintaining integrity and fairness in India’s capital markets, the Securities and Exchange Board of India (SEBI) has taken decisive action against two officials of the Central Electricity Regulatory Commission (CERC) for alleged insider trading. </p>



<p>The interim order, announced late on Wednesday, marks another step in SEBI’s ongoing mission to ensure transparency, ethical conduct, and investor protection within the country’s rapidly expanding financial ecosystem.</p>



<p>According to SEBI’s findings, the officials and their related parties were found to have traded in shares of the Indian Energy Exchange (IEX) based on price-sensitive information that had not yet been made public.</p>



<p> This information pertained to a crucial policy decision expected to impact the company’s valuation and operations. SEBI’s prompt intervention and investigation highlight its proactive regulatory oversight and readiness to act decisively when market ethics are compromised.</p>



<p><strong>Upholding Ethical Standards in the Energy Sector</strong></p>



<p>The case, while serious, is being viewed as a positive demonstration of SEBI’s regulatory vigilance rather than a setback for the energy or financial sectors.</p>



<p> By identifying and addressing misconduct at the intersection of energy policy and capital markets, SEBI is reinforcing India’s long-term vision of clean and transparent financial governance.</p>



<p>Under the interim order, 13 individuals, including the two CERC officials and their associates, have been directed to deposit ₹1.73 billion ($19.68 million) — the amount SEBI has identified as “ill-gotten gains” from the trading activity. </p>



<p>Additionally, all involved entities have been barred from accessing or trading in the securities market until further notice.</p>



<p>The regulator’s firm stance sends a clear message to both government and corporate sectors: insider trading and misuse of privileged information will not be tolerated under any circumstances.</p>



<p><strong>Reinforcing SEBI’s Role as a Market Guardian</strong></p>



<p>Over the years, SEBI has built a reputation as one of the most robust and respected financial regulators in Asia. This recent order underscores the regulator’s increasing focus on data-driven surveillance, real-time monitoring, and accountability mechanisms.</p>



<p> It is part of SEBI’s broader strategy to build public trust, safeguard investor interests, and promote responsible conduct among financial professionals.</p>



<p>The regulator’s ability to act swiftly — even beyond regular working hours — demonstrates its agility and sense of duty. </p>



<p>According to industry experts, this incident reaffirms SEBI’s credibility as a watchdog capable of identifying and addressing unethical practices, regardless of the stature of those involved.</p>



<p>By tackling potential malpractice within a government-regulated entity, SEBI has shown that no institution is beyond the reach of accountability. </p>



<p>This enhances investor confidence in India’s governance framework and sends a strong signal to domestic and global markets about the country’s commitment to integrity.</p>



<p><strong>Promoting Transparency and Fair Play</strong></p>



<p>While SEBI’s order is still interim, it represents a significant move toward greater transparency and enforcement in public institutions and corporate trading.</p>



<p> This action aligns with India’s broader efforts to strengthen its market infrastructure, tighten insider trading regulations, and encourage ethical compliance in both private and public sectors.</p>



<p>Financial analysts believe that the decision will encourage greater caution and compliance among officials working in sensitive policy-making roles, especially within regulatory and energy bodies. It serves as a reminder that access to insider knowledge carries immense responsibility, and its misuse can have far-reaching consequences.</p>



<p><strong>A Step Forward for India’s Market Integrity</strong></p>



<p>Although SEBI has refrained from commenting on further proceedings, the order is expected to trigger a thorough review of trading protocols and conflict-of-interest frameworks within CERC and similar institutions.</p>



<p> By addressing such concerns head-on, India strengthens its reputation as a market built on transparency, credibility, and governance.</p>



<p>SEBI’s ongoing efforts reflect India’s aspiration to maintain its position as one of the most trusted emerging markets for both institutional and retail investors.</p>



<p> The regulator’s vigilance not only curbs unethical practices but also fosters a level playing field where investors can participate with confidence.</p>



<p><strong> A Stronger Regulatory Ecosystem</strong></p>



<p>This action by SEBI is not an isolated event—it is part of a larger evolution in India’s regulatory landscape. In recent years, the watchdog has enhanced its enforcement mechanisms using AI-driven market analytics, digital surveillance tools, and inter-agency cooperation.</p>



<p> These innovations have empowered SEBI to identify irregularities more effectively and maintain stability in complex market environments.</p>



<p>By prioritizing ethical conduct, SEBI is also promoting India’s image as a global investment hub driven by strong laws, efficient oversight, and accountability. </p>



<p>The swift handling of the CERC case highlights that while challenges exist, India’s regulatory institutions remain responsive, transparent, and grounded in integrity.</p>



<p>In an era where investor confidence and good governance are paramount, SEBI’s decisive move stands as a positive reaffirmation of India’s financial discipline and transparency standards. </p>



<p>Rather than being seen as a setback, this development reflects the maturity of India’s market ecosystem—one where regulators act not reactively, but proactively, to uphold justice and fairness.</p>
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		<title>India Strengthens Oversight of Defence Imports as Adani Defence Cooperates with Authorities</title>
		<link>https://millichronicle.com/2025/10/56978.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Tue, 07 Oct 2025 13:11:01 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
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		<category><![CDATA[Adani Defence Systems]]></category>
		<category><![CDATA[Adani Group]]></category>
		<category><![CDATA[aerospace innovation]]></category>
		<category><![CDATA[Atmanirbhar Bharat]]></category>
		<category><![CDATA[compliance]]></category>
		<category><![CDATA[defence exports]]></category>
		<category><![CDATA[defence imports]]></category>
		<category><![CDATA[defence manufacturing]]></category>
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		<category><![CDATA[Directorate of Revenue Intelligence]]></category>
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		<guid isPermaLink="false">https://millichronicle.com/?p=56978</guid>

					<description><![CDATA[New Delhi — In a move reflecting India’s growing commitment to transparency, accountability, and self-reliance in defence manufacturing, authorities have]]></description>
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<p><strong>New Delhi </strong> — In a move reflecting India’s growing commitment to transparency, accountability, and self-reliance in defence manufacturing, authorities have conducted a review of Adani Defence Systems and Technologies, a subsidiary of Adani Enterprises, over classification details related to imported missile components.</p>



<p> The company, a key part of India’s Make in India and Atmanirbhar Bharat defence initiatives, has fully cooperated with government agencies and clarified all queries raised during the process.</p>



<p>According to government sources, the Directorate of Revenue Intelligence (DRI) initiated a routine examination of imported parts used in missile manufacturing earlier this year. </p>



<p>The exercise, officials say, is part of a broader national effort to ensure fair trade practices and compliance with evolving customs regulations across India’s expanding defence industry.</p>



<p>In a statement, an Adani Group spokesperson emphasized that the company has provided all necessary clarifications supported by documentation, stating: “The issue stands closed from our end.” </p>



<p>This reflects the company’s proactive and transparent approach in aligning with India’s regulatory frameworks while supporting defence modernization and industrial growth.</p>



<p>Adani Defence Systems and Technologies, which manufactures missiles, drones, and small arms for Indian security forces, has been an active contributor to domestic defence capability development.</p>



<p> The company’s collaboration with India’s armed forces and partnerships with global technology providers have positioned it as a key player in advancing aerospace innovation and indigenous production.</p>



<p>Officials familiar with the matter highlighted that such reviews are not uncommon, particularly given the government’s increased focus on ensuring precision and compliance in the defence import process.</p>



<p> These checks are part of a broader drive to maintain the credibility of India’s defence sector, which continues to expand rapidly amid global recognition of India as a rising defence manufacturing hub.</p>



<p>Industry observers note that the government’s ongoing vigilance in defence trade reflects New Delhi’s policy of balancing national security with economic integrity.</p>



<p> By reinforcing transparent practices, India aims to build a globally trusted and self-sustaining defence ecosystem that encourages innovation, collaboration, and long-term investment.</p>



<p>Adani Defence’s role in supplying short-range missile systems and non-explosive missile components has helped strengthen India’s indigenous production capabilities. </p>



<p>The company also collaborates with international partners from Russia, Israel, and Canada, facilitating the transfer of advanced defence technologies while adhering to national policy frameworks.</p>



<p>While the investigation focused on classification details of certain imported materials, government sources have clarified that the matter relates to technical interpretation of import rules, not operational conduct or integrity issues. </p>



<p>Experts note that Adani’s engagement and responsiveness demonstrate its commitment to full compliance and cooperation.</p>



<p>The Indian government’s recent rule revision, which allows a wider range of missile components to be imported without tariffs, is expected to streamline future defence production and enhance India’s strategic readiness. </p>



<p>Industry insiders believe this policy shift will boost local manufacturing, lower costs, and attract further private-sector participation.</p>



<p>In recent years, Adani Group’s defence unit has aligned closely with Prime Minister Narendra Modi’s vision of turning India into a global defence export powerhouse. </p>



<p>The company’s drone technologies and surveillance systems have been successfully deployed by the Indian military, showcasing India’s progress toward technological self-sufficiency.</p>



<p>With India continuing to expand its defence manufacturing base, such regulatory measures represent an essential step in upholding transparency, boosting investor confidence, and ensuring that all private participants operate within a clearly defined and fair framework.</p>



<p>The developments surrounding Adani Defence highlight India’s institutional maturity, where strong oversight coexists with robust industrial growth.</p>



<p> As the government and the private sector work hand in hand, India’s vision of becoming a trusted global defence manufacturing partner is steadily becoming a reality.</p>
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		<title>Clearing the Fog: India’s Waqf Amendment Act as a Boost for Muslim Progress Globally</title>
		<link>https://millichronicle.com/2025/04/clearing-the-fog-indias-waqf-amendment-act-as-a-boost-for-muslim-progress-globally.html</link>
		
		<dc:creator><![CDATA[Millichronicle]]></dc:creator>
		<pubDate>Mon, 07 Apr 2025 14:31:56 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
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		<category><![CDATA[2025 amendments]]></category>
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		<category><![CDATA[Muslim progress]]></category>
		<category><![CDATA[non-Muslims]]></category>
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		<guid isPermaLink="false">https://millichronicle.com/?p=54536</guid>

					<description><![CDATA[These amendments aren’t some grand conspiracy against Muslims—they’re a practical fix for a creaky system. Across India, the 2025 amendments]]></description>
										<content:encoded><![CDATA[
<blockquote class="wp-block-quote">
<p>These amendments aren’t some grand conspiracy against Muslims—they’re a practical fix for a creaky system. </p>
</blockquote>



<p>Across India, the 2025 amendments to the Waqf Act have stirred up a whirlwind of debate. Critics argue they’re a sneaky attempt to chip away at Muslim religious rights, fueling fears of disenfranchisement in places like Haryana—where Waqf properties pepper both city streets and rural fields—and beyond. </p>



<p>Some loud voices with their own agendas have turned up the volume on these claims. But if you peel back the layers, a different picture emerges. These changes aren’t about attacking faith; they’re about practical steps to modernize how Waqf properties are run, cut down on corruption, and stay true to the Islamic values of charity and justice at the heart of the Waqf system. </p>



<p>Let’s separate the rumors from the reality and look at what’s really happening—a push for efficiency and fairness that could benefit communities far beyond India.</p>



<p>One persistent misunderstanding is that Waqf administration is some untouchable religious domain, off-limits to practical reforms. Back in 1964, India’s Supreme Court put that idea to rest in a case called <em>Tialkayat Shri Govindlalji Maharaj vs. State of Rajasthan</em>. The ruling? Managing properties—whether they’re temples or Waqf holdings—is a secular job, not a spiritual one. The 2025 amendments take this to heart, aiming to streamline operations without meddling in religious freedoms. </p>



<p>In Haryana alone, Waqf properties include mosques, graveyards, and commercial spaces, while across India, 8.72 lakh properties cover a massive 38 lakh acres. Last year, these assets brought in just Rs. 166 crore, but the WAMSI portal estimates they could generate Rs. 12,000 crore. The amendments want to bridge that gap, channeling the profits to the poor and marginalized—exactly what Waqf is supposed to do.</p>



<p>Then there’s the notion that Waqf Boards are sacred institutions straight out of the Quran and Hadith, immune to any tinkering. The Kerala High Court in 1993 (<em>Syed Fazal Pookoya Thangal vs. Union of India</em>) cleared this up, pointing out that Waqf Boards are legal creations under the 1954 Waqf Act, designed to manage properties, not oversee religious life. </p>



<p>In Haryana, where mismanagement has left many Waqf assets idle, these changes tackle the problem head-on—think digitized records and stricter accountability—to live up to Islam’s call to support those in need.</p>



<p>The idea of adding non-Muslims to Waqf Boards—up to three out of eleven members in states like Haryana, or four out of twenty-two at the national level—has sparked accusations of religious interference. But rewind to 1965: the Allahabad High Court (<em>Hafiz Mohamed Zafar Ahmed vs. UP Central Sunni Waqf Board</em>) ruled that even non-Muslims can serve as Mutawallis (caretakers), since management isn’t about faith—it’s about competence. </p>



<p>Picture Haryana’s urban Waqf shops or rural lands: bringing in non-Muslim experts in law or administration could root out corruption without touching religious principles. Look at history—non-Muslim-led efforts like the Sachar Committee and Rangnath Misra Commission have delivered real benefits for Muslim communities. This is about professionalism, not overreach.</p>



<p>Some worry that mosques, madrasas, or graveyards—like those in Haryana’s Mewat region—are at risk. That’s simply not true. The amendments apply moving forward and safeguard already registered properties. ‘Waqf by User’ sites—places recognized as Waqf through long-term use—are secure, backed by Islamic teachings in Sur-e-Baqra about honoring written commitments (think Nikahnama). The 2013 rule allowing “any person” to dedicate Waqf is gone, ensuring only Muslim owners can do so, which aligns with Islamic tradition. As for Waqf-Alal-Aulad (family Waqf), the changes stop its misuse—think back to Zamindari-era land grabs—while protecting rights for women, children, widows, and orphans, reflecting Islam’s focus on compassion.</p>



<p>The old system was a mess. In Haryana and across India, Mutawallis often dodged audits, leaving revenue at a trickle compared to what it could be. The amendments up the fines—not jail time—to enforce transparency, swap Survey Commissioners for District Collectors with revenue know-how, and put senior officers in charge of disputes for fairness. They also open the door wider: Section 14 includes Haryana’s backward Muslims, women, and smaller sects in Waqf Board governance, making it more representative.</p>



<p>Wild claims—like Karnataka’s supposed ASI land grab or Haryana’s property disputes—get reined in, aligning Waqf with constitutional property rights under Article 300-A. Dropping Section 108A’s override, which the Sachar Committee flagged as problematic, means Civil and High Courts can step in, tackling a backlog that’s ballooned from 10,000 cases in 2013 to 32,000 today. In Haryana, this could unlock assets for schools or clinics, turning Waqf into a lifeline for communities.</p>



<p>These amendments aren’t some grand conspiracy against Muslims—they’re a practical fix for a creaky system. They stick to secular management, preserve religious purpose, and empower through better efficiency. For Haryana’s Muslims, and others across India and potentially beyond, this could turn neglected plots into engines of progress. Holding onto myths keeps things stuck; facing the facts builds a future worth believing in. Let’s go with the latter.</p>
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		<title>Wake-Up Call for Indian Muslims—The Politics of Protest and the Waqf Amendment Bill</title>
		<link>https://millichronicle.com/2025/04/wake-up-call-for-indian-muslims-the-politics-of-protest-and-the-waqf-amendment-bill.html</link>
		
		<dc:creator><![CDATA[Shoeb Siddiqi]]></dc:creator>
		<pubDate>Mon, 07 Apr 2025 13:33:32 +0000</pubDate>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Young Researchers]]></category>
		<category><![CDATA[accountability]]></category>
		<category><![CDATA[Bharatiya Janata Party]]></category>
		<category><![CDATA[caa]]></category>
		<category><![CDATA[Central Waqf Council]]></category>
		<category><![CDATA[charitable endowments]]></category>
		<category><![CDATA[citizenship]]></category>
		<category><![CDATA[civil society]]></category>
		<category><![CDATA[constitutional challenge]]></category>
		<category><![CDATA[economic development]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[encroachment]]></category>
		<category><![CDATA[governance]]></category>
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		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[Here are comma-separated tags relevant to the article]]></category>
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		<category><![CDATA[political manipulation]]></category>
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		<category><![CDATA[Sachar Committee]]></category>
		<category><![CDATA[street demonstrations]]></category>
		<category><![CDATA[suitable for an international audience: Waqf Amendment Bill]]></category>
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		<guid isPermaLink="false">https://millichronicle.com/?p=54531</guid>

					<description><![CDATA[Time and again, emotional appeals for street protests have been presented as the only recourse—akin to a one-size-fits-all remedy. Last]]></description>
										<content:encoded><![CDATA[<div class="wp-block-post-author"><div class="wp-block-post-author__avatar"><img alt='' src='https://secure.gravatar.com/avatar/d052ab98098c3846f9ad3bf734d66cd8?s=48&#038;d=mm&#038;r=g' srcset='https://secure.gravatar.com/avatar/d052ab98098c3846f9ad3bf734d66cd8?s=96&#038;d=mm&#038;r=g 2x' class='avatar avatar-48 photo' height='48' width='48' loading='lazy' decoding='async'/></div><div class="wp-block-post-author__content"><p class="wp-block-post-author__name">Shoeb Siddiqi</p></div></div>


<blockquote class="wp-block-quote">
<p>Time and again, emotional appeals for street protests have been presented as the only recourse—akin to a one-size-fits-all remedy.</p>
</blockquote>



<p>Last week, India’s Parliament passed the Waqf Amendment Bill, a piece of legislation aimed at reforming the management of Islamic charitable endowments known as Waqf properties. This move has sparked significant unease among Muslim organizations, civil society groups, and opposition political parties in the country. Despite appeals to India’s President, Droupadi Murmu, to withhold her approval, the bill has now been enacted into law.</p>



<p>Prominent political figures, including Muslim parliamentarians such as Asaduddin Owaisi of the All India Majlis-e-Ittehad Muslimeen, Mohammed Jawed of the Indian National Congress, and Amanatullah Khan, a Delhi legislator and chairman of the local Waqf Board from the Aam Aadmi Party (AAP), have filed legal challenges in India’s Supreme Court, questioning the bill’s alignment with the nation’s constitution. </p>



<p>In contrast, Sanjay Raut, a member of parliament from Shiv Sena (UBT)—a regional political party—has indicated his party’s decision not to oppose the legislation, suggesting a divergence of views even among the government’s critics.</p>



<p>India’s ruling Bharatiya Janata Party (BJP)-led central government defends the bill, asserting it is in the nation’s best interest. Key officials, including Kiren Rijiju, the Minister of Minority Affairs, and Amit Shah, the Minister of Home Affairs, have repeatedly emphasized that the law does not infringe on Muslim rights. Instead, they argue it seeks to improve the efficiency of Waqf Boards—bodies responsible for overseeing these endowments. The government has dismissed opposition claims that the bill undermines constitutional protections as baseless.</p>



<p>Nevertheless, a coalition of Muslim organizations, individuals, and opposition parties continues to argue that the legislation threatens the sanctity of mosques and graveyards managed under Waqf. Labeling it unconstitutional, these groups are mobilizing for nationwide protests, including large-scale sit-ins and street demonstrations, to demand the law’s repeal.</p>



<p><strong>The Historical Context of Waqf Management</strong></p>



<p>Before jumping to support calls for protests, it’s worth exploring the historical management of Waqf properties—endowments established under Islamic law for charitable purposes—since India’s independence in 1947. This moment of controversy offers a chance to reflect on how these assets, meant to serve religious and social welfare, have been handled over decades. </p>



<p>A 2011 report by the Sachar Committee, a government-appointed panel studying the socio-economic conditions of Indian Muslims, alongside data from the Central Waqf Council, revealed that over 50% of Waqf land in India is either encroached upon or tangled in legal disputes—a striking indicator of systemic mismanagement across regions and political regimes. </p>



<p>In Telangana, a southern Indian state never governed by the BJP, approximately 75% of Waqf land is reportedly encroached upon, with the figure rising to 82% in its capital, Hyderabad. This underscores that the problem transcends any single political party or central policy. These statistics challenge the narrative that the current uproar is solely a result of the national government’s actions and prompt scrutiny of the role local Waqf Boards and regional leaders played in allowing such widespread losses to occur.</p>



<p><strong>The Gap Between Rhetoric and Results</strong></p>



<p>For decades, the administration of Waqf properties—intended to fund education, healthcare, and welfare initiatives—has failed to deliver on its charitable promise. Despite controlling vast assets, the benefits to India’s Muslim community remain limited. This raises pressing questions about who has truly profited from Waqf properties since India’s independence, who bears responsibility for the encroachments, mismanagement, and misuse of these lands, and how many schools, hospitals, or welfare centers have been established using Waqf resources. </p>



<p>Furthermore, what actions were taken against those who exploited these endowments, and in what measurable ways has Waqf contributed to the economic advancement of Muslims? Calls for accountability and reform in Waqf management should have surfaced long ago. Instead, the same organizations now rallying for protests—many of which oversaw this decline—are accused of stirring emotions for political leverage. </p>



<p>Critics argue these self-proclaimed “guardians” of the Muslim community have historically mismanaged Waqf resources, often prioritizing personal or political gain over communal welfare.</p>



<p><strong>The Myth of Wake-Up Calls</strong></p>



<p>Much has been said about “wake-up calls” to galvanize India’s Muslim community. Yet, the reality suggests that community leaders and Waqf custodians were never dormant—they were simply focused elsewhere. </p>



<p>Many Waqf properties have been illegally occupied, with rents kept artificially low, allowing beneficiaries to exploit them for decades without oversight or adjustment. This pattern of neglect raises doubts about the sincerity of those now decrying the new law.</p>



<p><strong>The Pattern of Response to Legislation</strong></p>



<p>A recurring trend emerges in how certain groups react to laws perceived to affect Muslim interests in India. When the Citizenship Amendment Act (CAA) and National Register of Citizens (NRC) were introduced—policies aimed at streamlining citizenship processes—similar fears were ignited, with claims that Muslims would be stripped of citizenship. Years after the CAA’s implementation, no widespread evidence of such disenfranchisement has emerged. </p>



<p>This history prompts questions about the opposition to the Waqf Amendment Bill: Are objections rooted in genuine threats to religious rights, or do they reflect an automatic resistance that ultimately serves political agendas rather than community well-being?</p>



<p><strong>The Human Cost of Protest Without Protection</strong></p>



<p>Time and again, emotional appeals for street protests have been presented as the only recourse—akin to a one-size-fits-all remedy. </p>



<p>During the CAA-NRC protests, fears of mass citizenship loss fueled widespread unrest. Yet, as Minister Kiren Rijiju noted during the Waqf bill debates, no Muslims have lost citizenship under CAA. Still, the fallout from such movements lingers: young Muslims arrested during protests against CAA, NRC, and earlier laws like the Triple Talaq ban often remain in jail, lacking legal or financial support from the groups that spurred them into action. </p>



<p>In Muzaffarnagar, a city in northern India, 24 Muslim youths faced legal notices simply for wearing black armbands as a symbolic dissent—not even a full protest—each required to post a ₹2 lakh (approximately $2,400 USD) bond. In Ahmedabad, a western Indian city, around 40 people were detained during demonstrations.</p>



<p>These cases highlight the risks to ordinary citizens when protests lack strategic planning, legal backing, or institutional support. </p>



<p>Before heeding new calls to protest, communities deserve to know whether organizers have secured proper permissions from authorities, are prepared to provide legal aid to those arrested, have a legal team in place, will accept responsibility for the outcomes, and will support the families of detainees financially and emotionally.</p>



<p><strong>The Path Forward: Reform and Accountability</strong></p>



<p>The current Waqf management system demands overhaul. Transparency, accountability, and effectiveness must take precedence over political maneuvering. Rather than blanket opposition, India’s Muslim community could benefit from demanding targeted amendments to problematic clauses in the bill instead of outright rejection, proposing governance models that balance religious autonomy with accountability, establishing independent oversight to track how Waqf resources serve the community, creating forums for community input into Waqf decisions, and developing long-term plans to leverage Waqf assets for education, healthcare, and economic growth.</p>



<p><strong>From Reaction to Responsible Engagement</strong></p>



<p>India’s Muslim community faces a pivotal choice. The current approach lacks strategy, unified leadership, negotiation, or internal reform—just a repetitive cycle of politicization until issues reach the courts. Continuing this pattern of protest and division is an option, but so is redirecting energy toward ensuring Waqf properties fulfill their charitable mission. The community must resist further manipulation. </p>



<p>For decades, Waqf assets have been plundered while leaders stood by. Now, as the government pushes for accountability, some of these same figures are accused of misleading the public once more.</p>



<p>True leadership goes beyond rallying crowds—it requires vision, strategy, and responsibility. By advocating for reforms that bring transparency and efficiency to Waqf management, the community can ensure these resources uplift its most vulnerable members and build enduring institutions for future generations. </p>



<p>The challenge is not merely whether to oppose a law, but how to ensure the sacred trust of Waqf serves its intended purpose: benefiting the community it was created to support.</p>



<blockquote class="wp-block-quote">
<p>Disclaimer: Views expressed by writers in this section are their own and do not reflect&nbsp;Milli Chronicle’s point-of-view.</p>
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		<title>OPINION: Waqf for the People, Not Politicians—India’s Bold Reform Move</title>
		<link>https://millichronicle.com/2025/04/opinion-waqf-for-the-people-not-politicians-indias-bold-reform-move.html</link>
		
		<dc:creator><![CDATA[Adnan Qamar]]></dc:creator>
		<pubDate>Thu, 03 Apr 2025 17:18:10 +0000</pubDate>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Young Researchers]]></category>
		<category><![CDATA[accountability]]></category>
		<category><![CDATA[AIMIM]]></category>
		<category><![CDATA[amit shah]]></category>
		<category><![CDATA[asaduddin owaisi]]></category>
		<category><![CDATA[BJP]]></category>
		<category><![CDATA[corruption]]></category>
		<category><![CDATA[democracy]]></category>
		<category><![CDATA[governance]]></category>
		<category><![CDATA[inclusivity]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[Joint Parliamentary Committee]]></category>
		<category><![CDATA[Kiren Rijiju]]></category>
		<category><![CDATA[legislative reform]]></category>
		<category><![CDATA[lok sabha]]></category>
		<category><![CDATA[minority rights]]></category>
		<category><![CDATA[Muslim welfare]]></category>
		<category><![CDATA[NDA]]></category>
		<category><![CDATA[opposition]]></category>
		<category><![CDATA[Pasmanda Muslims]]></category>
		<category><![CDATA[policy change]]></category>
		<category><![CDATA[political debate]]></category>
		<category><![CDATA[social justice]]></category>
		<category><![CDATA[transparency]]></category>
		<category><![CDATA[Waqf Amendment Bill 2025]]></category>
		<category><![CDATA[Waqf properties]]></category>
		<category><![CDATA[Waqf reform]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=54482</guid>

					<description><![CDATA[Minister of Minority Affairs, Kiren Rijiju introduced the bill rooted with history, practicality, and the realities faced by Pasmanda community.]]></description>
										<content:encoded><![CDATA[<div class="wp-block-post-author"><div class="wp-block-post-author__avatar"><img alt='' src='https://secure.gravatar.com/avatar/6a8ee5fc9bd79f7afa26ead4fd054e3c?s=48&#038;d=mm&#038;r=g' srcset='https://secure.gravatar.com/avatar/6a8ee5fc9bd79f7afa26ead4fd054e3c?s=96&#038;d=mm&#038;r=g 2x' class='avatar avatar-48 photo' height='48' width='48' loading='lazy' decoding='async'/></div><div class="wp-block-post-author__content"><p class="wp-block-post-author__name">Adnan Qamar</p></div></div>


<blockquote class="wp-block-quote">
<p>Minister of Minority Affairs, Kiren Rijiju introduced the bill rooted with history, practicality, and the realities faced by Pasmanda community.</p>
</blockquote>



<p>On April 2, 2025, the Lok Sabha bore witness to a remarkable display of democratic resilience and legislative fortitude as the Government of India successfully passed the Waqf (Amendment) Bill, 2025, after a marathon 12-hour debate. This historic achievement is not merely a legislative victory but a testament to the strength of India’s democratic institutions, the meticulous process undertaken by the government, and the unwavering unity of the National Democratic Alliance (NDA).</p>



<p>The journey of the Waqf (Amendment) Bill, 2025, has been one of deliberation and inclusivity. Recognizing the complexity and sensitivity of the issue, the government wisely referred the bill to a Joint Parliamentary Committee (JPC) for thorough scrutiny. The JPC, chaired by Shri Jagdambika Pal and comprising members from across the political spectrum, conducted extensive consultations, gathering inputs from stakeholders, experts, and civil society. Even the All India Pasmanda Muslim Mahaaz had the opportunity to present its suggestions and objections. </p>



<p>This process ensured that the legislation was not rushed but refined through a rigorous examination, addressing concerns while strengthening its framework. The successful passage of the bill in the Lok Sabha—by a decisive margin of 288 votes in favor to 232 against—reflects the confidence that the NDA coalition reposed in the government’s vision and the robustness of the JPC’s efforts. The debate was marked by intense exchanges, with the government defending the bill as a measure to improve Waqf property management, while the opposition criticized it as unconstitutional and anti-minority.</p>



<p>Minister of Minority Affairs, Kiren Rijiju introduced the bill rooted with history, practicality, and the realities faced by Pasmanda community. Waqf properties were originally meant for the welfare of the underprivileged, yet they have rarely served their intended purpose. Instead, over the years, they have become a playground for politicians, Waqf Board officials, and Mutawallis (caretakers), who have manipulated these assets for personal gains. The rampant corruption and mismanagement of Waqf properties have led the government to intervene and introduce amendments.</p>



<p>While many Muslim leaders and organizations are vehemently opposing the bill, All India Pasmanda Muslim Mahaaz considered it essential to acknowledge the dire need for reforms. Waqf properties hold vast potential to uplift marginalized Muslim communities, particularly the Pasmanda Muslims, who form the majority but have historicaly been neglected. Unfortunately, these properties have been plagued by corruption, illegal encroachments, and poor administration. AIPMM actively participated in the JPC meetings on the Waqf (Amendment) Bill, offering a series of constructive suggestions to enhance the legislation. The Ministry of Minority Affairs, recognizing the merit of AIPMM’s inputs, accepted several key recommendations, reflecting a commitment to inclusivity and efficiency in Waqf management. </p>



<p>These include the introduction of a &#8220;Waqf by User&#8221; provision to safeguard existing Waqf properties, the establishment of an appellate system within Waqf Tribunals to ensure fair dispute resolution, and measures for the efficient management and maintenance of Waqf records to promote transparency. Additionally, the ministry embraced AIPMM’s call for regular audits of revenue from rent, lease, and sub-lease to curb financial mismanagement, alongside the inclusion of Pasmanda Muslims and women in the management of Waqf Boards, ensuring diverse representation and addressing long-standing demands for equity within the community. This collaboration between AIPMM and the government underscores a progressive step toward reforming Waqf administration in India.</p>



<p><strong>The Opposition’s Rhetoric and Fear-Mongering</strong></p>



<p>One of the biggest issues with the current discourse surrounding the bill is the irresponsible approach of the opposition and certain Muslim organizations. Instead of constructively engaging with the government to suggest practical improvements, they are using the bill as a tool to incite fear and insecurity among common Muslims.</p>



<p>The rhetoric surrounding the bill is focused more on accusing the government of anti-Muslim motives rather than addressing the real issues plaguing Waqf institutions. If these organizations had properly managed the Waqf system over the years, there would have been no need for government intervention in the first place.</p>



<p>By spreading propaganda and half-truths, these groups are attempting to politically mobilize Muslims rather than ensuring genuine reforms. Pasmanda Muslims, who have historically been denied the benefits of Waqf, must not fall prey to these misleading narratives. Instead, we must demand concrete improvements that will truly help our community.</p>



<p>The blind opposition by certain Muslim leaders will only serve political interests rather than benefiting the community. It is time for Pasmanda Muslims to take charge of the narrative and demand reforms that genuinely serve the underprivileged.</p>



<p>Pasmanda Muslims, who have been historically sidelined, must not allow themselves to be used as pawns in political battles. Instead, we should advocate for meaningful reforms, ensuring that Waqf properties are managed efficiently, transparently, and justly. This is a crucial opportunity to hold the system accountable and demand a fair share of Waqf benefits for the most disadvantaged members of our community.</p>



<p>The opposition and certain Muslim organizations must also reflect on their own failures in managing Waqf properties before blaming the government. Instead of spreading fear and misinformation, they should work towards ensuring better governance and accountability within the Waqf system.</p>



<p>During the marathon debate on the Waqf (Amendment) Bill, 2025, in the Lok Sabha on April 2, 2025, Indian Union Home Minister Amit Shah delivered a masterful performance that left the opposition reeling. Armed with a barrage of facts, statistics, and a clear articulation of the bill’s intent, Shah dismantled the opposition’s arguments, rendering them speechless. He meticulously schooled them on the purpose and proper utilization of Waqf properties, emphasizing the need for transparency and accountability—principles the bill seeks to enshrine. Shah&#8217;s commanding presence turned the tide of the debate, exposing the opposition’s rhetoric as hollow in the face of evidence.</p>



<p>BJP MP Ravi Shankar Prasad reinforced the government’s stance, asserting that including women and Pasmanda Muslims in the management of Waqf Boards is not just a reform but a constitutional right, amplifying the bill’s progressive ethos. The opposition, despite its fervor, found itself silenced, unable to counter the government’s robust case. AIMIM leader Asaduddin Owaisi attempted to score theoretical points, raising some valid concerns, but his credibility was undermined by allegations that he and his party have encroached upon 80% of Waqf properties in Hyderabad and Telangana. </p>



<p>As the Urdu proverb goes, “Chor ki daadhi mein tinka”—the thief’s beard betrays a straw—Owaisi’s critique rang hollow, overshadowed by his own questionable record. The debate, thus, emerged as a triumph for the government’s clarity and resolve.</p>



<p>However, the true success of these amendments hinges on their effective implementation, which we anticipate will yield positive outcomes for all stakeholders. For Pasmanda Muslims, in particular, embracing a balanced approach—supporting these reforms while actively participating in their execution—will be crucial to ensuring their upliftment. This historic moment offers hope for a more equitable future, provided the spirit of the law translates into tangible progress on the ground.</p>



<blockquote class="wp-block-quote">
<p>Disclaimer: Views expressed by writers in this section are their own and do not reflect&nbsp;Milli Chronicle’s point-of-view.</p>
</blockquote>
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