Rahul Gandhi Intensifies Criticism of India-US Trade Agreement
Congress leader Rahul Gandhi launched a sharp attack on the finalized India-US trade deal on Saturday, asserting that the agreement poses a severe threat to India's cotton farmers and textile exporters. In a social media post, Gandhi claimed that the government has fallen into a "trap" that could push millions of families toward unemployment.
Allegations of Deception and Economic Harm
Gandhi explained the situation by highlighting a tariff disparity, stating, "18% Tariff versus 0% – Let me explain how the Prime Minister, a master at telling lies, and his Cabinet are spreading confusion on this. And how they're deceiving the country's cotton farmers and textile exporters through the India-US trade deal." He referenced his earlier parliamentary intervention where he raised concerns about Bangladesh receiving a 0% tariff on garment exports to the US, contingent on importing American cotton.
According to Gandhi, a minister responded that India would need to import US cotton to gain similar benefits. He warned that Bangladesh might reduce or halt cotton imports from India, exacerbating the crisis. Gandhi questioned the policy's viability, asking, "Is it really any kind of option – or a trap designed to corner us in a 'damned if you do, damned if you don't' situation? If we import American cotton, our own farmers will be ruined. If we don't, our textile industry will fall behind and be destroyed."
Previous Criticisms and Government Response
This is not the first time Gandhi has criticized the deal; he previously alleged it "betrays our food security and farmers" and claimed Prime Minister Modi conceded to US demands under pressure. In response, Union Commerce and Industry Minister Piyush Goyal rejected Gandhi's claims on Friday, accusing him of misleading farmers. Goyal stated in a video, "Mr Rahul Gandhi has once again rolled out a stage-managed, most artificial and fake narrative. This time, he is shooting from the shoulders of a few Congress party activists, who are pretending to be farmer leaders - in a completely artificial, and baseless conversation."
Goyal emphasized that the government has fully protected farmers' interests in the agreement and stands by this assurance with full responsibility. He added that the deal would benefit various sectors, including farmers, fishermen, youth, MSMEs, startups, and artisans, without harming agricultural producers.
Broader Implications for India's Economy
The controversy underscores ongoing tensions in India's trade policies and their impact on domestic industries. Gandhi's remarks highlight fears about job losses and economic instability, while the government defends the deal as a strategic move to boost exports and foster growth. As debates continue, the outcome could significantly influence India's agricultural and textile sectors, shaping future trade negotiations and economic strategies.