Economy

Modi Govt Creating ‘Monopolies Or Duopolies’; Reins Of Economy Must Be Given Back To MSMEs: Rahul

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In a significant political statement, Congress leader Rahul Gandhi has sharply criticized the Modi government, accusing it of systematically creating a landscape of “monopoly or duopoly” across every sector of the Indian economy. Gandhi’s remarks underscore a growing concern about the concentration of economic power and its implications for the nation’s diverse business environment.

Gandhi passionately advocated for a fundamental shift in economic policy, asserting that the reins of India’s economy must be returned to the robust and vital Micro, Small, and Medium Enterprises (MSME) sector. He emphasized that these small businesses are the true engine of growth and employment, and their well-being is crucial for the nation’s overall prosperity.

The Congress leader shared a compelling example from the recent Winter Session of Parliament, where he met with a delegation of small and medium ice cream manufacturers. Listening intently to their struggles, Gandhi stated that it became abundantly clear that the government’s current policies are actively working to destroy small businesses. He suggested that these policies are designed to benefit a select few large corporations, thus stifling competition and limiting opportunities for smaller players.

This accusation brings into sharp focus the debate over inclusive economic growth versus the consolidation of power. Gandhi’s call to empower MSMEs is a plea for a more equitable economic structure, one that supports entrepreneurship, fosters innovation, and ensures that the benefits of growth are widely distributed across the population, rather than concentrated at the top.

Source: Original Article

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