NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi echoed US President Donald Trump 's recent remarks and said " Indian economy is dead".
Rahul expressed his agreement in a post on X and outlined five reasons he thinks contributed to the decline.
"Economy is dead. Modi killed it," Rahul said.
"The Adani-Modi partnership; Demonetisation and a flawed GST; A failed 'Assemble in India' initiative; MSMEs wiped out; Farmers crushed," Rahul said.
“Modi has destroyed the future of India’s youth because there are no jobs,” He added.
Additionally, while talking to reporters, Rahul also claimed that everyone except PM Modi and finance minister Niramala Sitharaman knows that India's economy is dead. He also said that the US president has "stated facts."
"Everybody knows this except PM Modi and the Finance Minister. It is a dead economy. I am glad that the US President has stated facts... The entire world knows that BJP has ended the Indian economy to help Adani ," Rahul said.
This comes after Trump took a sharp jab at India and Russia, suggesting that the two nations could "take their dead economies down together."
In a post on Truth Social, Trump said, "I don’t care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India — their tariffs are too high, among the highest in the world. Likewise, Russia and the USA do almost no business together."
Earlier, Trump announced a 25% tariff on all goods imported from India, along with an unspecified penalty, from August 1 after the two countries failed to reach an interim trade deal, triggering nervousness among exporters.
Rahul expressed his agreement in a post on X and outlined five reasons he thinks contributed to the decline.
"Economy is dead. Modi killed it," Rahul said.
"The Adani-Modi partnership; Demonetisation and a flawed GST; A failed 'Assemble in India' initiative; MSMEs wiped out; Farmers crushed," Rahul said.
THE INDIAN ECONOMY IS DEAD.
— Rahul Gandhi (@RahulGandhi) July 31, 2025
Modi killed it.
1. Adani-Modi partnership
2. Demonetisation and a flawed GST
3. Failed “Assemble in India”
4. MSMEs wiped out
5. Farmers crushed
Modi has destroyed the future of India’s youth because there are no jobs.
“Modi has destroyed the future of India’s youth because there are no jobs,” He added.
Additionally, while talking to reporters, Rahul also claimed that everyone except PM Modi and finance minister Niramala Sitharaman knows that India's economy is dead. He also said that the US president has "stated facts."
"Everybody knows this except PM Modi and the Finance Minister. It is a dead economy. I am glad that the US President has stated facts... The entire world knows that BJP has ended the Indian economy to help Adani ," Rahul said.
This comes after Trump took a sharp jab at India and Russia, suggesting that the two nations could "take their dead economies down together."
In a post on Truth Social, Trump said, "I don’t care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India — their tariffs are too high, among the highest in the world. Likewise, Russia and the USA do almost no business together."
Earlier, Trump announced a 25% tariff on all goods imported from India, along with an unspecified penalty, from August 1 after the two countries failed to reach an interim trade deal, triggering nervousness among exporters.
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