Jairam Ramesh – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 21 Sep 2026 16:20:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Jairam Ramesh – Artifex.News https://artifex.news 32 32 GST rate cuts have been offset by ‘galloping’ inflation: Congress https://artifex.news/article71492303-ece/ Mon, 21 Sep 2026 16:20:00 +0000 https://artifex.news/article71492303-ece/ Read More “GST rate cuts have been offset by ‘galloping’ inflation: Congress” »

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Congress general secretary in charge of communications, Jairam Ramesh.
| Photo Credit: Shiv Kumar Pushpakar

The Congress said on Monday (September 21, 2026) that the impact of GST rate cuts on a range of commodities was being eroded by “galloping inflation”, with prices of several consumer products returning to pre-cut levels within a year.

Congress general secretary (communications) Jairam Ramesh, sharing a media report on the issue, said the GST rationalisation announced in September 2025 had been “long overdue”, but its impact on consumption had been uneven.

“The GST rate cuts in September 2025 were proclaimed to be game changers. They had, of course, been long overdue — but to boast of them as magic wands was hyperbole. In fact, their impact on boosting consumption has been mixed at best. For instance, automobile sales benefited while apparel sales did not,” Mr. Ramesh said in a post on X.

“Now comes evidence that the effect of GST rate cuts on various commodities is being neutralised by ‘galloping inflation’,” he said.

The prices of several consumer goods had returned to nearly pre-GST cut levels within a year without any significant increase in consumption, Mr. Ramesh claimed.

He also linked the issue to the broader state of the economy, questioning the narrative around India’s growth based on headline GDP figures.

“Headline quarterly GDP numbers may give momentary elation to the ruling establishment overlooking their imperfections, but there are many faultlines in the India growth story that are simply not being acknowledged by the PM and his brigade of cheerleaders,” he said.

“Neither is consumption buoyant across income segments nor is private investment booming,” Mr. Ramesh said, adding that real wages were declining.



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Seems to be no end to “march of grave ecological folly in Nicobar”: Congress https://artifex.news/article71373168-ecerand29/ Fri, 21 Aug 2026 11:41:00 +0000 https://artifex.news/article71373168-ecerand29/ Read More “Seems to be no end to “march of grave ecological folly in Nicobar”: Congress” »

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Congress leader Jairam Ramesh.

Saying there seemed to be no end to the “march of grave ecological folly in Great Nicobar”, Congress leader Jairam Ramesh on Friday (August 21, 2026) said the “public battle for saving Great Nicobar continues even though the Narendra Modi Government is now ‘planting’ new reasons for going ahead with it”.

The Rajya Sabha MP and Congress’ general secretary in charge of communications referred to the Andaman and Nicobar Islands administration’s recent move to first issue an Expression of Interest (EoI) calling for feasibility proposals for a “big energy-guzzling” data centre project on the islands and then “mysteriously” withdraw it, citing “administrative reasons”. 

In a statement on social media, Mr. Ramesh said hopefully, the withdrawal of the EoI would be permanent. He also noted the ongoing opposition to the Centre’s ₹91,000 crore mega-infrastructure project from the local Tribal Council on Great Nicobar Island and cited the cases filed against the clearances granted for it in the Calcutta High Court.

Mr. Ramesh said, “Genuine local and national interest demands that the project (the holistic project to build an airport, transshipment port, and tourism-led township) not be taken forward.”

Within four days of calling for feasibility proposals for a private-sector-led green AI data centre in the Andaman and Nicobar Islands, the administration withdrew the EoI document it had published earlier this month.

The administration had said it was exploring private-sector interest in building such a project near Little Andaman and Great Nicobar Island.

According to members of the Tribal Council of Great and Little Nicobar, locals of Great Nicobar had not been informed of any proposal to explore the setting up of a data centre on their island.





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Country heading towards economic crisis due to Modi government’s policies: Congress https://artifex.news/article71224580-ecerand29/ Wed, 15 Jul 2026 07:42:00 +0000 https://artifex.news/article71224580-ecerand29/ Read More “Country heading towards economic crisis due to Modi government’s policies: Congress” »

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Congress general secretary (communications) Jairam Ramesh. File photo: AICC via ANI.

With the wholesale price inflation rising to 9.87% in June, the Congress on Wednesday (July 15, 2026) claimed that the country is steadily heading towards an economic crisis due to the Modi government’s “anti-people policies”.

The Opposition party also demanded answers from Prime Minister Narendra Modi over the rising inflation, and said he alone must answer for this “economic failure”.

In a post in Hindi on X, Congress general secretary in-charge of communications Jairam Ramesh said, “Due to the Modi government’s anti-people policies, the country is steadily heading towards an economic crisis. The Congress party has repeatedly warned the government about this over the past few months.”

Amidst the worst wholesale inflation in 44 months (9.87%) and a staggering 27.4% surge in fuel and electricity prices, agricultural sowing has dropped to a three-year low, he said.

The common people are reeling under the burden of rising inflation and unemployment, while the nation’s farmers — the providers of food — are suffering the double blow of the government’s flawed policies and adverse weather conditions, Mr. Ramesh said.

Rising inflation has driven up operational costs for industries, he pointed out.

At a time when all key economic indicators are flashing ‘red alert,’ the Modi government, instead of managing the situation, is busy chasing headlines to divert public attention, Mr. Ramesh said.

Rather than controlling inflation, the government is merely attempting to conceal the alarming inflation figures, he alleged.

“The latest wholesale inflation data stands as stark evidence of the Modi government’s economic mismanagement and failure,” Mr. Ramesh said.

When every section of society is in distress, where exactly do the government’s priorities lie, he asked.

“Prime Minister, the nation demands answers from you regarding inflation; after governing for 12 years, you alone must answer for this economic failure,” he said.

The wholesale price inflation rose to 9.87% in June, from 9.68% in May, led by a sharp spike in prices of non-food and food products.

The latest wholesale price index (WPI) inflation data is based on the 2022-23 base year.

According to the data, food inflation rose to 5.49% in June, from 3.60% in May, as food prices rose during the month following a rainfall deficit due to the El Nino impact.

Non-food articles WPI inflation was also higher at 11.07%, while in minerals it was 9.45% in June.

WPI inflation in fuel and power was down to 27.41% in June, from a peak of 30.33% in May. In manufactured products, inflation was unchanged at 7.48% as in May.



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Entire political science of data doctoring: Congress slams govt on rural wage figures https://artifex.news/article71132436-ecerand29/ Mon, 22 Jun 2026 09:15:00 +0000 https://artifex.news/article71132436-ecerand29/ Read More “Entire political science of data doctoring: Congress slams govt on rural wage figures” »

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Congress General Secretary K. C. Venugopal and Congress MP Jairam Ramesh.
| Photo Credit: ANI

The Congress on Monday (June 22, 2026) alleged that the Modi government is “doctoring a rural wages boom” and claimed that it has been manufactured by a methodological change.

Congress general secretary Jairam Ramesh said that in 2024, his party had flagged that the Modi government through the RBI had changed the definition of employment to show a boom in job creation, claiming the addition of 168 million jobs since FY18.

The leadership of the RBI was later rewarded for its efforts with plum postings in the Modi government, Mr. Ramesh alleged.

Now, the Modi government is attempting the same with rural wages, he said on X.

“We have consistently flagged that the root cause of India’s economic slowdown is the stagnation in real wages, which has weakened consumption growth and deterred private investment. Unable to fix this original sin, the Modi Government is now ‘doctoring’ a rural wages boom,” Mr. Ramesh alleged.

Reported annual rural wage growth jumped from 6% to 17-18% between June 2025 and March 2026, with average daily wages spiking 12.7% in a single month, he pointed out.

“This ‘boom’ in wages has been manufactured by a methodological change. The Labour Bureau without a press release or website disclosure — adopted a new sampling framework, which brought in workers from many northeastern states, NCT Delhi, and Goa into the sample pool,” he said.

Despite accounting for only 1.2% of India’s workforce, these new data collection points account for 11% of the total sample, Mr. Ramesh said.

“Most importantly, their average wages run 50-55% above the old sample because newly added regions have far less agricultural employment and more higher-skilled workforces,” Mr. Ramesh said.

In reality, an analysis of wages data shows that the genuine wage growth would have been around 4.3% per annum, which is the weakest growth in four years, he said.

“This is the entire political science of data doctoring at play,” Mr. Ramesh said, taking a dig at the government.



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Irrational exuberance, Trump tariff shock not reflected: Congress on 1st quarter GDP numbers https://artifex.news/article69999200-ece/ Mon, 01 Sep 2025 08:35:00 +0000 https://artifex.news/article69999200-ece/ Read More “Irrational exuberance, Trump tariff shock not reflected: Congress on 1st quarter GDP numbers” »

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Congress general secretary in charge of communications, Jairam Ramesh. File
| Photo Credit: The Hindu

The Congress on Monday (September 1, 2025) slammed the government over the GDP numbers for April-June 2025, saying they have led to “irrational exuberance” and the “Trump tariff shock” is simply not reflected in them, as its real consequence will begin to get felt in the second quarter.

Congress general secretary in charge of communications, Jairam Ramesh, said the front-loading of exports to the U.S. by exporters attempting to escape tariffs has actually boosted export growth and therefore the headline GDP number.

“The GDP numbers for the period April-June 2025 have led to irrational exuberance. They do present some contradictions that have been highlighted by a respected bank report and that cannot be brushed aside,” Mr. Ramesh said on X.

“Urban consumption is still considerably weak and rural consumption still faces structural constraints,” he claimed.

The nominal GDP growth rate, that is, without adjusting for inflation, is still subdued and is, in fact, markedly lower than in the January-Match 2025 quarter, Mr. Ramesh said.

“Consumption, investment and trade are the determinants of GDP growth. But mysteriously a full 1.8 percentage points of the quarterly growth rate is NOT accounted for by these three determinants. This discrepancy is very substantial and needs to be explained,” he said.

Sales growth in the manufacturing sector, as opposed to profits growth, has continued to slow down, Mr. Ramesh said.

“The Trump tariff shock is simply not reflected in the first quarter of this financial year – in fact, the front-loading of exports to the US by exporters attempting to escape tariffs has actually boosted export growth and therefore the headline GDP number,” the Congress leader said.

The real consequence of the tariffs will begin to get felt in the second quarter for sure, Mr. Ramesh said.

India’s economy grew by a stronger-than-expected 7.8% in April-June, its fastest pace in five quarters, before U.S. President Donald Trump imposed tariffs that now cloud the outlook, threatening key exports like textiles.

The gross domestic product (GDP) growth in the first quarter of the ongoing fiscal year was mainly driven by good showing by the farm sector, and also helped by services like trade, hotel, financial and real estate, according to the latest government data released on Friday (August 29, 2025).



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BJP vs Congress Over Donald Trump’s “$21 Million ‘India Fund” Claim https://artifex.news/after-elon-musks-usaid-report-another-bjp-versus-congress-row-7757256rand29/ Fri, 21 Feb 2025 02:44:01 +0000 https://artifex.news/after-elon-musks-usaid-report-another-bjp-versus-congress-row-7757256rand29/ Read More “BJP vs Congress Over Donald Trump’s “$21 Million ‘India Fund” Claim” »

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New Delhi:

The BJP lashed out at the Congress, accusing it of seeking foreign funds to stop Prime Minister Narendra Modi from coming to power in 2014. The party’s allegations came a day after US President Donald Trump questioned a move by former president Joe Biden’s administration to provide $21 million to India for “voter turnout” and questioned if they were “trying to get somebody else elected”.

The Congress has demanded a White Paper on the USAID funds to India and dubbed Trump’s claims as “nonsensical”.

BJP sources said during the rule of the erstwhile Congress-led United Progressive Alliance (UPA), the government received $204.28 million, while the NGOs received $2114.96 million. This inflow slowed down to a trickle once the National Democratic Alliance (NDA) came to power. The government funding dropped to $1 million from 2014 to 2015, though the funding of non-profits increased to $2579.73 million. 

Since its creation, George Soros’s OCCRP, which produced anti-government reports that were used by the Congress to target the NDA government, received $47 million, sources said.  

“After the Modi Government came to power, funding to the NGOs and other avenues in India increased significantly, showcasing how the focus has shifted from USAID being directly involved in governmental matters to funding anti-India/anti-national forums in India,” BJP sources claimed.

Jairam Ramesh, the Congress’s senior leader and communications in-charge, has hit back with a demand for a White Paper.

In a post on X, Mr Ramesh said: “USAID is very much in the news these days. It was set up on November 3, 1961. Claims being made by the US President are typically nonsensical to say the least. Even so, the Govt of India should bring out a White Paper at the earliest detailing USAID’s support to both governmental and non-governmental institutions in India over the decades”.

On February 16, the Department of Government Efficiency (DOGE), led by US billionaire and SpaceX chief Musk, listed items on which the “US taxpayer dollars were going to be spent” and the list included “$21 million for voter turnout in India”.

On Thursday, Trump questioned the purpose of providing $21 million to India for “voter turnout”. “Why do we need to spend USD 21 million for voter turnout in India? I guess they were trying to get somebody else elected,” President Trump said.






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Congress slams government over ‘neglect’ of MGNREGS https://artifex.news/article69171928-ece/ Sun, 02 Feb 2025 07:04:39 +0000 https://artifex.news/article69171928-ece/ Read More “Congress slams government over ‘neglect’ of MGNREGS” »

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Congress general in-charge Communications Jairam Ramesh said, the government’s neglect of this crucial safety net exposes its indifference to rural livelihoods. File
| Photo Credit: ANI

The Congress on Sunday (February 2, 2025) lashed out at the government over keeping the MGNREGS budget stagnant and said the “neglect” of this crucial safety net exposes its indifference to rural livelihoods.

The allocation for the flagship rural employment scheme Mahatma Gandhi National Rural Development Scheme (MGNREGS) was ₹86,000 crore, the same as last year.

In 2023-24, the allocation for MGNREGS was ₹60,000 crore, but additional funds were provided and the actual expenditure stood at ₹89,153.71 crore, the Budget document showed. No additional allocations for MGNREGS were made in 2024-25.

In a post on X, Congress general secretary in-charge communications Jairam Ramesh said that despite rising rural distress, the government has kept MGNREGA’s budget stagnant at ₹86,000 crore for 2024-26.

“This effectively represents a decline in the real (adjusted for price rise) allocations made to MGNREGA,” he said.

“To add insult to injury, estimates suggest that about 20% of the budget is paid towards clearing dues from previous years,” Mr. Ramesh said.

“This effectively reduces MGNREGA’s reach, leaving drought-hit and poor rural workers stranded,” he added.

It also precludes any increase in the wages paid to workers, Mr. Ramesh said.

“Even in this ongoing Financial Year, the minimum average notified wage rate was increased by only 7%. This is at a time when Consumer Price Index (CPI) inflation is estimated to be 5%. MGNREGA is therefore ground zero for the national crisis of wage stagnation,” he said.

The government’s neglect of this crucial safety net exposes its indifference to rural livelihoods, Mr. Ramesh said.

The MGNREGS provides guaranteed 100 days of wage employment in a financial year to at least one member of every household whose adult members volunteer to do unskilled manual work. It keeps at least one-third of jobs for women.

In the Covid pandemic year of 2020-21, when MGNREGS proved a lifeline in providing employment in rural areas amid huge reverse migration in the lockdown period, ₹1,11,169 crore was spent on the scheme, according per previous budget documents.



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Union Budget 2025: MGNREGA wages must be increased to ₹400 per day, says Jairam Ramesh https://artifex.news/article69145880-ece/ Mon, 27 Jan 2025 07:49:30 +0000 https://artifex.news/article69145880-ece/ Read More “Union Budget 2025: MGNREGA wages must be increased to ₹400 per day, says Jairam Ramesh” »

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Accusing the Modi government of perpetuating a policy of indifference to the plight of MGNREGA workers, the Congress on Monday (January 27, 2025) demanded that the Union Budget must increase MGNREGA wages and the Aadhar-Based Payment Bridge Systems not be made mandatory.

The Opposition party demanded that MGNREGA wages be increased with the goal of hitting ₹400 per day as a national minimum wage. In a statement, Congress general secretary in-charge communications Jairam Ramesh said MGNREGA wages cannot be set by the arbitrary whims of the government.

He said a Standing Committee must be established to evaluate the need for changes in the wage rate. “The Aadhar-Based Payment Bridge Systems (ABPS) must not be made mandatory,” Mr. Ramesh said.

He also put forward the demand that the number of workdays under MGNREGA must be increased from 100 to 150 days. “One of the earliest indications of Prime Minister (Narendra) Modi’s uncaring attitude and shortsightedness was his mockery of MGNREGA on the floor of Parliament in 2015,” Mr. Ramesh said.

In the years since, especially during the COVID-19 pandemic, MGNREGA has conclusively demonstrated its utility as one of the few social security interventions that the government can execute, he said.

“From a pre-pandemic total of 6.16 crore households requesting work under the scheme in 2019-20, the numbers jumped by 33% to 8.55 crore in 2020-2021,” he said. “For these crores of families, MGNREGA was the only lifeline amidst the chaos of the government’s unplanned lockdowns,” Mr. Ramesh said.

“Amidst an ongoing economic slowdown, there continue to be 9.31 crore active workers that are employed under the programme as of January 2025. Close to 75% of these workers are women. Despite this reality, the government continues to perpetuate a policy of indifference to their plight,” he alleged.

As a share of GDP, allocations to MGNREGA have been reduced to 0.26% in 2024-25, Mr. Ramesh said pointing out that the World Bank recommends that at least 1.7% of the GDP should be allocated to this programme.

“Of the Budgetary allocations made to MGNREGA, estimates suggest that about 20% of the Budget is paid towards clearing dues from previous years,” he said. “The minimum average notified wage rate was increased by 7% in FY25- at a time when Consumer Price Index (CPI) inflation is estimated to be 5%. The real wage increase is therefore a miserly 2%,” he pointed out.

“Between 2019-20 and 2023-24, close to four crore job cards were deleted. Meanwhile, only 1.2 crore job cards have been added in the last two years,” Mr. Ramesh said.

“Estimates from one State suggest that 15% of the deletions were wrongful and on January 1, 2024, the Central Government made it mandatory that all payments for MGNREGA must be through the Aadhar-Based Payment System (ABPS),” the Congress general secretary said.

“However, 27% of workers are ineligible for payment under the ABPS and their demand for work is not registered,” he said, adding that many also lose their wages despite doing work.

“The National Mobile Monitoring System (NMMS) is also required for workers to register attendance. However, glitches in the app, limited access to smartphones, and irregular connectivity have resulted in widespread prevalence of unregistered attendance, unrecorded work, and delayed wage payments,” Mr. Ramesh argued.

“During the Bharat Jodo Nyay Yatra, MGNREGA workers from across the country raised these issues at the Jan Sunwai held at Ranka, Garhwa District, Jharkhand, on February 14, 2024,” he recalled.

Eight months later, these issues continue to persist — “a government-created human, economic and institutional tragedy,” he said.

Putting forwards the demands of the Congress, Mr. Ramesh noted that several of them have already found place in the Demand for Grants Report (2024-2025) put forth by the Parliamentary Standing Committee for Rural Development and Panchayati Raj.

“MGNREGA was envisioned as a demand-driven scheme, with workdays depending on the individuals applying for work rather than government Budgets. Especially given the worsening economic downturn, the Budget must make adequate financial provision to realise this vision,” Mr. Ramesh asserted.

“Amidst a decade-long crisis of stagnant wages, an increase in MGNREGA wages — as envisioned in the Congress Nyay Patra for the 2024 Lok Sabha Elections — assumes renewed importance,” he said.

“The forthcoming Union Budget must increase MGNREGA wages, with the goal of hitting ₹400 per day as a national minimum wage,” Mr. Ramesh said.

The Congress leader also demanded that wages must be paid within the statutory period of 15 days and any delay in payment must be compensated. In FY 2013-14, the minimum average notified wage rate for Mahatma Gandhi NREGA was ₹155, while in FY 2024-25, the minimum average notified wage rate is ₹279.



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Disappointing Q2 GDP numbers aren’t a blip but clear slowdown in economy: Jairam Ramesh https://artifex.news/article69127258-ece/ Wed, 22 Jan 2025 10:58:07 +0000 https://artifex.news/article69127258-ece/ Read More “Disappointing Q2 GDP numbers aren’t a blip but clear slowdown in economy: Jairam Ramesh” »

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Congress leader Jairam Ramesh. File
| Photo Credit: PTI

The Congress on Wednesday (January 22, 2025) claimed that it is becoming clear that the “disappointing” Quarter 2 Gross Domestic Product (GDP) growth numbers are not a blip but a clear slowdown in the economy and the post-pandemic bump is not broad-based enough to power long-term growth.

Congress general secretary in-charge communications Jairam Ramesh cited an article in a newspaper which claimed that the fallout of limited job creation and muted wage growth can be seen in the greater recourse to debt. Mr. Ramesh said the article confirms the growing concerns on the Indian economy.

“It is becoming clear that the disappointing Q2 GDP growth numbers aren’t a blip but a clear slowdown in the economy. The Government’s attempts to pass the buck on to the Reserve Bank of India’s (RBI) interest rate regime and foreign exchange market interventions is an attempt to escape responsibility,” he said.

The post-pandemic bump in growth was driven by a service exports boom and its knock-on effects – but this is not broad-based enough to power long-term growth,” Mr. Ramesh said, citing the article.

“The middle class is shrinking. The shift in the automotive industry is clear evidence: the low-priced, small car markets (the sub ₹10 lakh segment) earlier accounted for 73% of all car sales and now accounts for only 46% of cars sold. Growth is coming only from the premium end of the market, reflecting high inequality,” he said.

“The failure of Make in India and PLIs, the country’s mass unemployment crisis and the decade-long wage stagnation is beginning to reflect in increasing household indebtedness, poor macro-economic outcomes, and sluggish investment,” Mr. Ramesh said.

India’s economic growth slowed to near two-year low of 5.4% in the July-September quarter of this fiscal owing to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy.

Congress leader Rahul Gandhi on Tuesday (January 21, 2025) had also hit out at the Modi government over its economic policies and asserted that real development is when everyone progresses, there is a fair environment for business, a fair tax system and the income of workers increases.

Mr. Gandhi had announced the launch of a ‘White T-shirt Movement,’ championing the rights of the masses. He had accused the Narendra Modi government of turning its back on the poor. The Congress leader had announced the launch in a post on X and urged people to be a part of it.

“If you believe in economic justice, oppose rising wealth inequalities, fight for social equality, reject all forms of discrimination, and strive for peace and stability in our country, wear your white T-shirts and join the movement,” said the video voiceover posted by Mr. Gandhi on X.

The Congress has been attacking the government over its handling of the economy, claiming the issues of rising prices, decreasing private investment and stagnating wages are hitting the common people hard.



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Union Budget must eliminate ‘raid raj and tax terrorism’, says Congress https://artifex.news/article69115912-ece/ Sun, 19 Jan 2025 10:17:02 +0000 https://artifex.news/article69115912-ece/ Read More “Union Budget must eliminate ‘raid raj and tax terrorism’, says Congress” »

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Congress leader Jairam Ramesh. File
| Photo Credit: ANI

The Congress claimed Sunday (January 19, 2025) the Modi government’s “retrograde policies” have broken the confidence of investors in India and converted “ease of doing business to unease in doing business”.

The upcoming budget must eliminate “raid raj and tax terrorism” to fix this, the Opposition party said.

It also called on the government to take action to protect Indian manufacturing jobs and take decisive action to shore up wages and purchasing power.

Congress General Secretary (In-charge, Communications) Jairam Ramesh said the Modi government has long proclaimed its desire to improve the “ease of doing business” in India but yet in the past decade “we have only seen an easing of private investment which has fallen to record lows and the easing out of businesspersons who have departed India in large numbers for foreign shores”.

“A byzantine, punitive, and arbitrary tax regime covering both GST and income tax – which amounts to sheer Tax Terrorism – is now the greatest threat to India’s prosperity and has contributed to an ‘unease of doing business’,” he said in a statement.

The biggest component of investment which is private domestic investment has been weak since 2014, Ramesh said, adding it was solidly in the 25-30 per cent of GDP range during Manmohan Singh’s tenure as PM.

“In the last ten years, it has collapsed to the 20-25 per cent of GDP range. This sluggish investment has been accompanied by a mass exodus of high-net-worth individuals. More than 17.5 lakh Indians have acquired the citizenship of another country over the past decade,” he said.

An estimated 21,300 dollar-millionaires left India between 2022 and 2025, he claimed.

“All this is happening for three reasons. Firstly, a complicated GST. According to former Chief Economic Advisor Arvind Subramanian, the GST which was proclaimed by the PM to be a Good and Simple Tax has up to a 100 different tax rates, including cesses,” he said.

The multiplicity of rates and confusion has facilitated alarming GST evasion of Rs 2.01 lakh crore, almost double the Rs 1.01 lakh crore reported in FY23, he said.

Mr. Ramesh claimed that 18,000 fraudulent entities have been uncovered with many more likely undetected.

“Secondly, despite claims to the contrary, Chinese imports into India continue unabated with a record trade deficit of $85 billion in 2023-24. This has damaged Indian manufacturing, especially in labour intensive sectors,” Ramesh said.

Thirdly, weak consumption and stagnant wages have reduced India’s consumption growth despite the free availability of personal debt, he said.

“According to Ministry of Agriculture data, real wages for agricultural labour grew 6.8 per cent per year under the UPA, and declined 1.3 per cent per year under the Modi government,” he said.

Citing the Periodic Labour Force Survey data, he said it shows that average real earnings stagnated between 2017 and 2022 across all workers — salaried, casual and self-employed.

“These retrograde policies have broken the confidence of investors in India. To fix this, the budget must eliminate raid raj and Tax Terrorism, take action to protect Indian manufacturing jobs and take decisive action to shore up wages and purchasing power, which in turn will incentivise Indian business to invest. Nothing less will do,” Ramesh asserted.

Sharing his statement on X, Mr. Ramesh said, “The 2025/26 Union Budget will be presented thirteen days from today. Here is our statement on how the Modi Government has converted the ease of doing business to unease in doing business – thereby depressing private investment sentiment. Radical action is necessary to fix the damage.”

The Congress has been attacking the government over its handling of the economy, claiming the issues of rising prices, decreasing private investment and stagnating wages are hitting the common people hard.



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