Rahul Gandhi Sounds Alarm Over Potential Indo-US Trade Agreement
Congress leader Rahul Gandhi has raised serious concerns regarding a proposed trade deal between India and the United States, asserting that it could have catastrophic consequences for the nation's agricultural sector and small to medium-scale enterprises. In a statement made on February 28, 2026, Gandhi highlighted the potential risks associated with the agreement, which is currently under discussion.
Economic Impact on Domestic Industries
Gandhi specifically pointed to the financial implications of the trade deal, questioning its sustainability for India's economy. He emphasized that if India were to purchase goods valued at approximately Rs 9 lakh crore annually from the United States under the terms of the agreement, it could lead to the collapse of domestic small and medium-scale sectors. "It will be finished," he claimed, underscoring the dire predictions for local businesses that might struggle to compete with imported products.
Threats to Agricultural Livelihoods
Beyond the industrial concerns, Gandhi warned that the trade deal poses a significant threat to Indian farmers. He argued that an influx of cheaper agricultural imports from the US could undermine local farming communities, potentially destroying their livelihoods and destabilizing rural economies. This warning comes amid ongoing debates about trade liberalization and its effects on developing nations.
Broader Implications for India's Economy
The statement from Rahul Gandhi reflects broader anxieties within certain political circles about the potential negative impacts of international trade agreements on India's self-reliance and economic sovereignty. Critics fear that such deals might prioritize foreign interests over domestic welfare, leading to job losses and increased dependency on imports.
As discussions between India and the United States continue, the warnings from political figures like Gandhi are likely to fuel further debate on the balance between global trade integration and the protection of local industries and agricultural sectors.
