India needs radical reset in economic policy-making; Modi government has run out of ideas: Congress
The Congress party has expressed serious concerns regarding the current state of India's economy, criticizing Prime Minister Narendra Modi for lacking innovative economic strategies. They argue that inflation is rising while growth projections are declining, and foreign direct investment is shrinking. The party calls for a radical reset in economic policy-making, emphasizing the need for increased private investment to stimulate growth.
- ▪The Congress party claims that the Indian economy is in a perilous state under PM Modi's leadership.
- ▪Inflation forecasts are rising while growth projections are declining, leading to concerns from even the government's supporters.
- ▪The Congress argues that a significant increase in private investment is necessary for sustainable economic growth.
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The Congress on Thursday (May 21, 2026) voiced concern over the State of the economy and alleged that Prime Minister Narendra Modi is "managing elections through Gyanesh" but needs "new Gyan" on the economy. PM busy handing out candies in Italy amid economic storm at home, says CongressCongress general secretary in-charge communications Jairam Ramesh said the sentiment on the Indian economy has taken such a downturn that even the Modi government's professional cheerleaders have begun to give public expression to their concerns.Our statement on the perilous state of the Indian economy amidst the PM's toffee distribution and his pious sermons to the public pic.twitter.com/L4cz7KPUcz— Jairam Ramesh (@Jairam_Ramesh) May 21, 2026"Inflation forecasts are sharply up while growth projections are…
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