Top News

They accused the Centre of using intimidation tactics. The Punjab government reaffirmed strong support for business owners. Officials stated that traders remain vital to the state's economy.

AAP National Convenor Arvind Kejriwal reacted on his official X account. He slammed the BJP-led Centre for the action. Kejriwal referred to the agency as the "ED Party." He claimed the agency harasses small Hindu traders. Kejriwal told all traders not to feel panicked. The Punjab government stands firmly with them, he added.

Kejriwal also discussed a potential political alliance. He spoke about the Shiromani Akali Dal and the BJP. Kejriwal said the ED wants this alliance. He used strong terms to describe these parties. He claimed the alliance is not happening currently. He noted that the other parties are ignoring them.

Punjab Chief Minister Bhagwant Singh Mann also responded today. He said Hindu traders help the state's economic development. They contribute greatly to a "Rangla Punjab." Mann alleged that the ED misuses its authority. He claimed they seek to exert political pressure. They want to force traders to their side.

The Chief Minister rejected these tactics entirely. He stated that Punjabis will never tolerate such actions. The state government stands with its traders. This support remains strong and unwavering, he added. The administration protects business interests across the state. Traders must not feel alone during these times.

Senior AAP leader Manish Sisodia joined the criticism. He said ED raids ruin established business traders. He also mentioned problems with examination scams. Sisodia said the country needs an innovation economy. He rejected the current model of an "ED economy." The truth cannot stay hidden by polished speeches.

Sisodia pointed to key global economic indicators. He cited data from the MSCI Emerging Markets Index. Indian companies dropped out of the top ten list. This is the first time in 26 years. The index acts as a major investment benchmark. Global funds rely on this index for major investments.

Global capital is shifting toward new technologies. Money flows to AI and future sectors today. Companies like TSMC see significant growth abroad. These firms are moving ahead in the market. But India follows a very different model, Sisodia argued. Newer ideas and enterprises face hurdles in India.

Sisodia said raids happen when companies begin to grow. He alleged that agencies then demand huge donations. This pattern hurts the nation's investment climate. Fewer new jobs are being created in India. Opportunities for good salaries are now shrinking. The economy needs a different approach, he concluded.

The AAP leaders remain focused on supporting local traders. They promised to oppose the ED's actions politically. The Punjab government ensures safety for its investors. The party plans to continue highlighting these economic concerns. They seek a policy shift toward genuine innovation. This remains their primary goal for the state.