Congress leader Rahul Gandhi intensified his warnings about an 'economic storm' approaching the Indian economy, stating that 'tough times' are coming for the country's economy which will impact the common man. Speaking to journalists in Rae Bareli — his Lok Sabha constituency — Gandhi alleged that 'Modi ji has changed the economic structure. An economic storm is on the way. Their Adani-Ambani structure will not last much longer; it will collapse.' According to Times of India, he warned that 'What is unfortunate is that the common man will suffer,' emphasizing that 'The economic shock will not impact Adani, Ambani, and Modi; it will deeply affect the common man. It will be unprecedented. Tough times are coming.' He said the system was headed for a collapse and argued that the coming shock would hit Uttar Pradesh's youth and people the hardest. According to reports from Business Standard, Gandhi told reporters after addressing a gathering that a severe economic storm is coming, which no one can stop, which we have never experienced in our lives. He emphasized that the tycoons will be untouched while the common people bear the brunt, stating that 'Who will get hurt, not Ambani or Adani. They will remain in their palaces, secured from all four sides.' Speaking during his visit to his parliamentary constituency of Raebareli, Gandhi warned that the economic shock that is coming will not affect Adani, Ambani, and Modi. Instead, it will affect the youth, farmers, labourers, and small business owners of Uttar Pradesh. He said the fallout could be among the biggest seen in years and warned that a difficult period lay ahead.
Gandhi slammed Prime Minister Narendra Modi for flying off on a five-nation tour right after his appeal to the people to refrain from going abroad. As reported by Times of India, Gandhi criticized Modi for flying off to Norway and Japan, stating that 'Instead of taking action, Narendra Modi is asking people not to undertake foreign trips, while he himself is on a world tour.' He alleged that Modi, Amit Shah, and Union minister Nitin Gadkari attended a wedding in the family of Mukesh Ambani, but not him, telling the gathering 'Did Rahul Gandhi go? I want to attend your wedding. I want to come to your house, I do not want to go there.' Speaking about Modi's recent foreign travel, Gandhi chided that 'Instead of taking concrete action, Narendra Modi is telling the nation not to go on foreign trips, but he is roaming around the globe.'
Gandhi claimed that in 12 years, what Modiji built as a structure - it was only for Adani and Ambani, stating that 'A ferocious economic storm is looming over our heads. In 12 years, what Modiji built as a structure - it was only for Adani and Ambani. And now, that very structure is about to come crashing down.' According to Times of India reports, he warned that 'Their Adani-Ambani structure will not last much longer; it will collapse.' According to Business Standard reports, he warned that the structure, which he (Narendra Modi) has made, the one of Adani and Ambani, will not remain intact, and will crumble, with the loss being felt by the common people while 'they will remain in their palaces, secured from all four sides.' The Congress leader emphasized that the country's labourers, farmers, youth, poor people and small business owners must be protected. Meanwhile, Congress President Mallikarjun Kharge launched a scathing attack on the Central government over the recent spike in fuel rates, terming the ongoing economic distress a 'Modi-government-made crisis' and accusing the ruling dispensation of shifting the burden of its strategic failures onto the common public while giving corporate entities a 'free pass.'
Gandhi warned of severe shortages of oil, fertilisers, and diesel due to the Strait of Hormuz crisis, as reported by Business Standard. He stated that petrol prices are set to rise, and inflation will skyrocket, while alleging that over the last 10 years, public money, farmers' money, was stolen to give to 'two billionaires' and 'all wealth in the country now rests entirely in the hands of just two individuals.' The Lok Sabha MP from Raebareli warned that under the current central dispensation schemes like MGNREGA, will gradually be dismantled, with Adani and Ambani growing richer and your entire money will go into their pockets. Energy markets have experienced sustained volatility following a series of kinetic strikes tied to the broader West Asian crisis, sparking widespread fears of disruptions to global energy distribution networks.
Amid reports of the Trump administration dismissing criminal charges against Adani, Congress President Mallikarjun Kharge accused Modi of burdening citizens with the second fuel price hike in four days while getting Adani relief from the US. As reported by Economic Times, Kharge stated 'Robbing the common people and getting Adani relief from America, this is Modiji's compromised model,' accusing the BJP and government of lacking vision to deal with current economic challenges. The allegations come as the Trump administration's decision to dismiss criminal charges against Adani has drawn scrutiny from opposition parties, with Kharge highlighting the apparent contradiction between protecting corporate interests and addressing domestic economic concerns.
