Hundreds Of Indian Business Men Are Scared To Speak Out Against Monopolis: Rahul Gandhi

Rahul Gandhi’s recent write-up draws attention to the matter and emphasises the need for a fair and competitive business environment in India as he wrote in an ep-ed today.

He argues that the country’s history has been marred by monopolistic forces which dates back to the East India Company which exploited India’s resources and stifled competition among the compatriots.

Choose your India:

Play-Fair or Monopoly?
Jobs or Oligarchies?
Competence or Connections?
Innovation or Intimidation?
Wealth for many or the few?

I write on why a New Deal for Business isn’t just an option. It is India’s future. pic.twitter.com/sGbC89ZFMF

— Rahul Gandhi (@RahulGandhi) November 6, 2024

Today, Rahul Gandhi asserts a new breed of monopolists has emerged who wield significant control over India’s economy and institutions. He said that they possess immense wealth and control over private and even public institutions.

He stated that these powerful groups have amassed whopping revenue while smaller businesses struggle to survive in India.

Rahul Gandhi noted that hundreds of Indian business leaders are scared to speak out against these monopolists. The poor entrepreneurs feared reprisals, raids, and sabotage which pulled them back from calling the giants out.

He also contrasts these monopolistic groups with “play-fair” Indian businesses that innovate and operate ethically. It means that small-scale entrepreneurs should choose freedom over fear against match-fixing monopolies.

He cited examples like Lenskart, TCS, Tynor, InMobi and Zomato which have succeeded despite the odds. These companies demonstrate that fair play and innovation can thrive in India, according to Rahul Gandhi.

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He said that his vision is to create a level playing field where all businesses have equal opportunities in India. He advocates for policies that promote fairness, transparency and competition.

Rahul Gandhi stressed that the government should support small and medium-sized enterprises, rather than favoring well-connected monopolies in the country.

Rahul Gandhi also urges Indian business leaders to break free from fear and demand a fair and competitive environment.

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He said that “New Deal for Business” isn’t just an option rather it is India’s future, believing that collective action and social pressure can bring about change in the country.

His vision is to create a new deal for progressive Indian businesses where everyone has an equal chance to succeed. Rahul Gandhi urged the need for a fair and competitive business environment in India, free from monopolistic control.

He calls on business leaders to demand change and promote a level playing field for all to ensure safety and security along with growth for all small-scale businessmen in the country.