Gyanesh Kumar's tenure as Chief Election Commissioner runs until January 2029 under the 2023 appointment law, with removal requiring a stringent constitutional process involving Parliament and potential Supreme Court involvement. Opposition parties have intensified demands for his ouster over the Special Intensive Revision of electoral rolls, which deleted over 130 million names, and internal objections from fellow commissioners on procedural matters. Protests erupted in Delhi and other cities in early October 2026, but the ruling coalition has defended the commission's actions and no parliamentary motion or official step toward removal has advanced. Traders price the low likelihood of exit by year-end around these structural protections and absence of imminent triggers.
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