Congress leader Rahul Gandhi has launched a sharp critique against the Narendra Modi-led central government, accusing it of systematically creating "monopolies or duopolies" across various sectors of the Indian economy. He asserted that this trend is detrimental to the nation and called for the reins of the economy to be handed back to Micro, Small, and Medium Enterprises (MSMEs).
A "Curse" for the Indian Economy
In a statement made on Wednesday, 17 December 2025, the prominent opposition figure framed the concentration of market power as a severe threat. "Monopoly or duopoly is a curse for India — and the Modi government has been doing exactly this in every sector, every industry," Rahul Gandhi claimed. His comments underscore a growing political narrative that contrasts the fortunes of large corporate entities with those of smaller, grassroots businesses.
The Call to Empower MSMEs
The core of Gandhi's argument hinges on the vital role played by MSMEs, often described as the backbone of the Indian economy. He emphasized that for genuine and inclusive growth to occur, economic control must be decentralized. The Congress leader's demand to "give the reins of the economy back to the MSMEs" positions these smaller enterprises as essential counterweights to the concentrated economic power he alleges the current administration is cultivating.
Political and Economic Implications
This accusation places the government's economic policies under renewed scrutiny. The charge of fostering monopolies or duopolies touches on issues of fair competition, market accessibility, and equitable wealth distribution. By highlighting this theme, the opposition seeks to connect with a vast network of small business owners and entrepreneurs who feel sidelined. The debate is expected to intensify as political discussions focus on job creation, industrial policy, and the shape of India's economic future.
The remarks, reported by PTI, add a significant dimension to the ongoing political discourse, setting the stage for further debate on economic philosophy and governance in the lead-up to future electoral battles.
