Lagatar24 Desk
New Delhi/Patna: Amid global market turmoil triggered by U.S. President Donald Trump’s announcement of reciprocal tariffs, Congress leader Rahul Gandhi has taken aim at Prime Minister Narendra Modi, calling on India to pivot towards building a resilient, production-based economy that serves all citizens.
“Trump has blown the lid off the illusion. Reality is biting back. PM Modi is nowhere to be seen. India has to accept reality. We have no choice but to build a resilient, production-based economy that works for all Indians,” Rahul Gandhi posted on social media Monday.
Addressing the Samvidhan Suraksha Sammelan in Patna earlier in the day, Gandhi pointed to the recent plunge in financial markets worldwide, saying, “The US president has led to a tumble in the stock market. Less than one per cent of people here have their money in it, which means it’s not for you. Unlimited profits are made there, but you don’t benefit from it.”
Indian stock markets have also felt the brunt of global uncertainty. The Sensex dropped nearly 2,100 points over the previous week, reflecting investor concerns about potential trade conflicts and economic slowdowns following Trump’s trade measures.
After his re-election, President Trump reaffirmed his commitment to imposing tariffs that match those of other countries, including India, as part of a broader push for what he terms “equitable trade.”
As attention now turns to the Reserve Bank of India’s monetary policy announcements and upcoming corporate earnings reports, Rahul Gandhi’s remarks have added political weight to ongoing concerns about India’s economic trajectory.
