MSMEs Not Growing Due to Policy Deficiency: Congress MP Praveen Chakravarthy
He said nearly 8 crore MSMEs should be backed with funding and government orders, and cited a 27% drop in new hiring at 11 major companies.
- On Tuesday, the Congress alleged the Modi government's "flawed" policies caused a "deep crisis" in India's job market, citing a 27% hiring decline across 9 of the country's top 11 companies during FY2025-26.
- Congress leader Jairam Ramesh argued the MSME sector is bearing the brunt of the government's "misguided policies," claiming large companies' hiring drops signal broader economic damage across the nation.
- Parliament member Praveen Chakravarthy stated the MSME Amendment Bill administers smallness rather than growth, noting firms fail to expand due to policy deficiency.
- Ramesh criticized Prime Minister Narendra Modi for focusing on social media rather than solutions, stating, "To please them, it won't be enough to churn out reels-- they need jobs to be created."
- Despite government claims that India has nearly 80 crore potential jobs, critics argue policy barriers prevent MSMEs from expanding, leaving youth facing anguish and despair over employment prospects.
10 Articles
10 Articles
Reels won't create employment: Congress says PM's policies worsened jobs crisis
Congress accused the Modi government of worsening the jobs situation after a report showed slower hiring at major companies. The party said the data pointed to a wider youth employment crisis and demanded a policy response.
Churning reels not enough, youth need jobs: Congress slams Modi
The Congress party has accused the Modi government of creating a "deep crisis" in India's job market due to its "flawed" economic and employment policies. Citing a media report on a 27% decline in new jobs at major companies, the opposition party stated that the government is engaged in "headline management" and "politics of distraction" instead of addressing the youth employment crisis.
Congress alleges Modi government's flawed policies caused deep job crisis, citing 27% hiring drop
Congress claims flawed economic policies have plunged India's job market into crisis. Major domestic companies are now hiring fewer employees than before, according to a report. Recruitment by eleven top companies within the Sensex-30 index dropped significantly. This indicates the nation is grappling with a serious employment crisis, the party stated. The government is accused of denying the problem instead of seeking solutions.
Congress cites 27% hiring slump to target Modi government over jobs crisis - The Tribune
The Congress on Tuesday accused Prime Minister Narendra Modi-led Central Government of pushing the country's economy into a deep employment crisis, with senior party leader Jairam Ramesh alleging that its economic policies had dealt the biggest blow to India's youth and robbed them of job opportunities.
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