Rahul Gandhi’s New Attack: Impact of Monopolists in India

Aakhir Tak – In Shorts

1. Rahul Gandhi criticized a new breed of monopolists, accusing them of controlling India’s institutions and regulators.
2. He mentioned that due to these monopolists, lakhs of businesses have been decimated, making job creation difficult.
3. Gandhi cited Mahindra, Titan, and Lenskart as examples of companies following the rules and innovating.

Aakhir Tak – In Depth

Leader of Opposition in Lok Sabha, Rahul Gandhi, highlighted that a new breed of monopolists has risen, leading to the decimation of numerous businesses and hindering job creation. Writing in The Indian Express, Gandhi accused these monopolists of controlling India’s institutions and regulators. He further emphasized that these groups do not excel in products, consumer focus, or ideas, but in their power over governance and surveillance.

According to Gandhi, these monopolists decide what Indians read and watch and influence public perception and speech. He stated, “Success today is driven by power relations, not market forces.”

He lauded companies like Mahindra, Titan, Lenskart, Manyavar, and Zomato, which adhere to fair competition. He added that the government should not favor one business at the expense of others.

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