BJD slams BJP for inducting chit fund accused ex-MLA Pravat Biswal

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BJD slams BJP for inducting chit fund accused ex-MLA Pravat Biswal

Synopsis

Days after expelling him for indiscipline, the BJD watched former three-time MLA Pravat Ranjan Biswal — named in a multi-crore chit fund scam — join the BJP in the presence of Odisha's Chief Minister. The BJD's counter-punch: the BJP promised to repay chit fund depositors within 18 months of taking power, and instead inducted one of the accused.

Key Takeaways

Former three-time MLA Pravat Ranjan Biswal , named as accused in a multi-crore chit fund scam, joined the BJP on Sunday in Bhubaneswar .
BJD spokesperson Lenin Mohanty said Biswal was denied a party ticket after being named in the chit fund case, then expelled for indiscipline.
The BJD alleged the BJP had promised to return money to chit fund depositors within eighteen months of coming to power — a pledge it says remains unmet.
Chief Minister Mohan Charan Majhi welcomed Biswal, saying his induction would strengthen the BJP across Cuttack district .
The BJD maintained the defection would have 'no impact' on the party.

The Biju Janata Dal (BJD) on 12 July launched a sharp attack on the ruling Bharatiya Janata Party (BJP) in Odisha after the party inducted former three-time MLA Pravat Ranjan Biswal — named as an accused in a multi-crore chit fund scam — into its ranks in Bhubaneswar. The BJD alleged that the move exposed the BJP's broken promise to return money to chit fund depositors in the state.

BJD's Charges Against BJP

Addressing a press conference at the BJD headquarters in Bhubaneswar, party spokesperson and media coordinator Lenin Mohanty accused the BJP of moral hypocrisy. He pointed out that the BJP had campaigned on a pledge to reimburse chit fund depositors within eighteen months of coming to power — a promise he said remains unfulfilled.

'Instead of returning the money, it is now inducting a leader accused in the chit fund scam into its party. This is a mockery of the lakhs of chit fund depositors of Odisha. It reflects the moral values of the BJP,' Mohanty said.

Mohanty also clarified that the induction would have no bearing on the BJD's standing. He stated that the party had denied Biswal a ticket after his name appeared in the chit fund case, and had subsequently expelled him for indiscipline 'a few months ago.'

Who Is Pravat Ranjan Biswal

Pravat Ranjan Biswal is a former three-time MLA from the Choudwar Assembly constituency in Cuttack district. On Sunday, he arrived at the state BJP office in a rally alongside supporters and formally joined the party in the presence of Chief Minister Mohan Charan Majhi and BJP's state unit president Manmohan Samal.

What the BJP Said

Chief Minister Majhi welcomed Biswal's entry, attributing it to the BJP's policies, ideology, and the leadership of Prime Minister Narendra Modi. Majhi said Biswal's induction would strengthen the party organisation not only in the Choudwar seat but across Cuttack district. He also claimed that people in Odisha 'no longer want the BJD.'

Wider Political Context

The episode comes amid a broader wave of political realignments in Odisha following the BJP's victory in the state, which ended the BJD's two-decade rule. The chit fund scam — involving alleged fraud against lakhs of small depositors — has remained a politically sensitive issue in the state for years. Critics argue that inducting an accused in such a case sends a contradictory signal, given the BJP's own electoral promises on depositor relief. Notably, the BJD's decision to expel Biswal before his defection suggests the party had anticipated and sought to pre-empt the optics of this move.

Point of View

Even if it makes tactical sense for Cuttack. The party had made depositor reimbursement a centrepiece of its Odisha campaign; absorbing a chit fund accused undercuts that narrative in ways that the opposition will exploit for months. The BJD, despite its own record on the scam, has handed itself a clean attack line. Whether voters in Choudwar and beyond connect the symbolism to the BJP's governance record will be the real test — but for now, the ruling party has gifted its rivals a ready-made accountability argument.
NationPress
13 Jul 2026

Frequently Asked Questions

Who is Pravat Ranjan Biswal and why is he controversial?
Pravat Ranjan Biswal is a former three-time MLA from the Choudwar Assembly constituency in Cuttack district, Odisha. He is named as an accused in a multi-crore chit fund scam, which led the BJD to deny him a ticket and later expel him for indiscipline before he joined the BJP.
Why is the BJD attacking the BJP over this induction?
The BJD alleges that the BJP had promised during the last Assembly election to return money to chit fund depositors within eighteen months of coming to power. By inducting an accused in the chit fund scam instead, the BJD argues the BJP has betrayed those depositors and exposed its own double standards.
What did Chief Minister Mohan Charan Majhi say about Biswal joining the BJP?
Chief Minister Majhi welcomed Biswal, stating he was inspired by BJP's policies, ideology, and Prime Minister Narendra Modi's leadership. Majhi said the induction would strengthen the party in Choudwar and across Cuttack district, and added that people no longer want the BJD.
What action had the BJD taken against Biswal before he joined the BJP?
According to BJD spokesperson Lenin Mohanty, the party first denied Biswal a ticket after he was named in the chit fund case, and then expelled him a few months ago for indisciplined conduct — before he formally joined the BJP on Sunday.
What is the chit fund scam in Odisha?
The Odisha chit fund scam refers to alleged large-scale fraud by several financial companies that collected deposits from lakhs of small investors and failed to repay them. The issue has remained politically contentious for years, with multiple politicians from various parties linked to the case.
Nation Press
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