Chereads / A New India / Chapter 186 - The SEBI Act of 1954 - II

Chapter 186 - The SEBI Act of 1954 - II

Rohan sat quietly after finishing with his hands folded as he watched the room.

Beside him, Finance Minister Harish Patel went through his notes one last time.

Across the aisle, the opposition was huddled together, whispering intensely.

The leader of the opposition, Prathamesh, had not given up yet.

The Speaker banged his gavel. "Honourable members, we are approaching the conclusion of this debate. If there are any final statements before the vote, now is the time."

Prathamesh rose slowly, adjusting his glasses.

His face was calm.

"Mr. Speaker, before we move to vote, I must reiterate the concerns that we, as the opposition, have raised throughout this debate. Yes, we need regulation in our markets. No one disputes that. But the SEBI Act in its current form is still deeply flawed. We are handing too much power to a single institution, an institution that will act as legislator, executor, and judge of its own rules."

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