General
Congress Demands Government Action Over Rising Economic Inequality And Inflation
Reported by Rituparna Sen (Section Editor) Β· The Hindu - National Β·
Reported by one source so far
Growing economic inequality is one of India's most pressing concerns, and the Congress party has demanded that the government acknowledge this economic distress, expand job opportunities, and control inflation. The Opposition party stated that claims of economic development only matter when their benefits reach the common man.
Financial Figures And Debt
Congress general secretary Jairam Ramesh shared a report showing that net household financial savings dropped by about 4% to 21.69 lakh crore rupees in the 2025-26 fiscal year, compared to 22.57 lakh crore rupees last year. Congress president Mallikarjun Kharge pointed to specific figures on X, noting that food inflation rose from 2.13% to 7.74%, household debt jumped by 36.7%, retail inflation stands at 5.54%, and wholesale inflation is at 11.39%.
Criticisms And Demands
Mr. Kharge criticized Prime Minister Narendra Modi and the ruling party, telling them to rewatch their pre-2014 inflation advertisements while the public has spent 12 years waiting for better days. Mr. Ramesh alleged that the government manipulates data to hide the true scale of inflation and that companies are hiring less while people lose long-held jobs. He argued that wages have stayed flat or dropped in real purchasing power, forcing families to borrow money just to pay for daily expenses.
Context
Economic inequality and inflation are frequent subjects of political debate in India, where opposition parties often highlight cost-of-living pressures facing middle-class and low-income households. While the government frequently cites overall Gross Domestic Product growth to show economic progress, critics argue that headline growth numbers do not always reflect the financial reality on the ground for everyday citizens.
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