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Rahul Gandhi Warns of “Economic Storm” Targets PM Modi Over Economy

The Jazzbaat News Desk
May 20, 2026 06:10 PM
The Jazzbaat News Desk
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1 months ago May 20, 2026 06:10 PM

Leader of Opposition in Lok Sabha Rahul Gandhi on Wednesday intensified his attack on Prime Minister Narendra Modi, alleging that the Centre has “sold off India’s economic system” and warning that the country is heading towards a major economic crisis.

Speaking at a public rally in Raebareli, Gandhi claimed that the economic structure created under the Modi government mainly benefits a handful of big industrialists, while ordinary citizens, farmers, labourers and small businesses are being left vulnerable. He said a “massive economic storm” is approaching and that common people would suffer the most from rising inflation and increasing financial pressure. 

Rahul Gandhi alleged that the current economic model favours major corporate groups and warned that the system “will not endure.” According to him, the coming months could see sharp rises in prices of petrol, diesel, cooking gas, pulses and essential commodities. He also raised concerns over possible shortages of fertilisers and increasing pressure on rural households. 

The Congress leader also criticised the Prime Minister over his recent remarks urging citizens to reduce fuel consumption, avoid unnecessary foreign travel and postpone gold purchases amid global economic uncertainty. Gandhi accused Modi of asking ordinary people to make sacrifices while continuing expensive foreign visits himself. 

His remarks came amid political debate over inflation, global fuel prices and the impact of international conflicts on the Indian economy. Gandhi further mocked what he described as “symbolic diplomacy,” referring to Modi’s recent interaction with Italian Prime Minister Giorgia Meloni during his visit to Rome. 

The BJP-led government strongly rejected Rahul Gandhi’s allegations. Finance Minister Nirmala Sitharaman said the government remains focused on welfare measures for farmers, women, youth and MSMEs. She defended the Centre’s economic policies and highlighted schemes aimed at supporting poor and middle-class families. 

The political clash comes at a time when concerns over inflation, fuel prices and global economic instability continue to dominate national discussions. While the government maintains that India remains one of the world’s fastest-growing major economies, the Opposition has accused the Centre of widening economic inequality and favouring large corporations.

TAGGED: National
SOURCES: The Jazzbaat News Desk

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