Venugopal Criticizes Modi's Trade Stance, Budget as Favoring Privileged
Venugopal Slams Modi Trade Policy, Budget as Elite-Focused

Congress Leader K C Venugopal Assails Modi Government on Trade and Budget Policies

In a sharp critique of the current administration, Congress leader K C Venugopal has drawn a parallel between Prime Minister Narendra Modi's stance on trade deals with the United States and the Indian rupee's persistent weakness against the US dollar. Venugopal asserted that just as the rupee has 'surrendered' to the dollar, Modi's approach to trade negotiations reflects a similar submission, undermining India's economic sovereignty.

Budget Labeled as a 'Carefully Packaged Presentation'

Venugopal further lambasted the recent budget, describing it as a 'carefully packaged presentation' designed to mislead the public. He argued that the fiscal plan disproportionately rewards the privileged elite while blatantly ignoring the acute pain and struggles faced by common citizens across the nation.

Key Points from Venugopal's Critique:

  • Trade Policy: He highlighted that Modi's handling of trade deals, particularly with the US, mirrors the rupee's decline, suggesting a lack of assertive economic diplomacy.
  • Budget Analysis: Venugopal emphasized that the budget fails to address pressing issues like inflation, unemployment, and social welfare, instead favoring corporate interests and wealthy individuals.
  • Impact on Common People: He stressed that this approach exacerbates inequality, leaving ordinary Indians to bear the brunt of economic hardships without adequate relief measures.

The comments, made on February 11, 2026, underscore ongoing political tensions in India, with opposition figures like Venugopal challenging the government's economic strategies. As debates intensify, this criticism adds to the discourse on how policies affect different segments of society, calling for greater accountability and focus on grassroots concerns.