PM Modi's monopoly model took away jobs, devastated MSMEs: Rahul Gandhi

Alleging that Prime Minister Narendra Modi's "monopoly model" has taken away jobs in the country, Leader of Opposition in the Lok Sabha Rahul Gandhi on Friday stressed the need for simplifying the Goods and Services Tax (GST) and opening up the banking system to small businesses to promote job creation.

Sharing a video of the "Dogri Dham with RG" event hosted by the All India Professionals' Congress (AIPC) in Jammu on Wednesday, Gandhi said on X that the frustration in the eyes of a young start-up owner from Jammu and Kashmir reflects the struggles of most entrepreneurs and small-business owners in India.

"'Modi ji's monopoly model' has taken away jobs, devastated MSMEs and deprived people of opportunity," the former Congress chief said.

"The systematic attack on small and medium industries through incompetent policies like a bad GST and demonetisation has turned India from a producing economy to a consuming one. At this rate we can neither compete with China nor ensure prosperity f