Congress Critiques Modi's Economic Strategies

The Congress has criticized the Modi government's economic policies, asserting that inflation-adjusted GDP growth rates are misleading and the current market dynamics discourage private investments. They argue that government favoritism and a daunting business environment are impeding economic growth, demanding a strategic shift beyond mere fiscal decisions.

The Congress party has leveled accusations against the Modi government's economic strategies, claiming that the headline GDP growth rates are misleading.

Jairam Ramesh, Congress general secretary, criticized the prevailing political economy model, suggesting it favors certain market leaders through government aid rather than innovation.

Ramesh highlighted that despite cash-rich corporate India, low consumer demand due to stagnated income levels hinders broader economic investments.

(With inputs from agencies.)