PM Modi’s monopoly model has taken away jobs, devastated MSMEs: Rahul
Jammu: Leader of Opposition in the Lok Sabha Rahul Gandhi on Friday stressed the need for simplifying the Goods and Services Tax (GST) and opening up the banking system to small businesses to promote job creation.
According to Kashmir Media Service, Rahul Gandhi sharing a video of the “Dogri Dham with RG” event hosted by the All India Professionals’ Congress (AIPC) in Jammu Gandhi on X said the frustration in the eyes of a young start-up owner from Jammu and Kashmir reflects the struggles of most entrepreneurs and small-business owners in India.
“‘Modi’s monopoly model’ has taken away jobs, devastated MSMEs and deprived people of opportunity,” he added.
“The systematic attack on small and medium industries through incompetent policies like a bad GST and demonetisation has turned India from a producing economy to a consuming one. At this rate we can neither compete with China nor ensure prosperity for all Indians,” he said, adding that India deserves better.
“We must simplify GST and open up the banking system to small businesses to promote widespread opportunity and job creation,” Gandhi said.
In the video posted by Gandhi on the micro-blogging platform, the Congress leader is seen telling the gathering that the single-biggest reason for unemployment is that the basic structure of employment, which is small and medium businesses, is “under severe attack from five to 10 really big monopolies”.
“These large monopolies have control over the political system and they are organising a systematic attack on you,” he said.
