The Congress party has launched a scathing critique of the Modi administration, accusing it of fostering economic policies that exacerbate wealth concentration in India. The party alleges that these policies imperil democracy and magnify economic inequality.
Jairam Ramesh, Congress general secretary in charge of communications, cited a media report highlighting India's burgeoning billionaire population. In a post on X, Ramesh notes that despite widespread economic hardship, 1,687 individuals now possess nearly half of the nation's wealth.
Ramesh argues the current economic paradigm not only reduces earning opportunities for ordinary citizens but also elevates social and economic insecurity. His remarks echo the broader concern that undemocratic wealth concentration could trigger politica