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Congress Blames Market Concentration for Rising Prices and Hidden Unemployment

Congress accuses the government of promoting large business groups at the expense of industrial growth, concealing true unemployment through new job definitions

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Overview

  • Congress highlights that industry’s share of GDP has fallen despite government claims of industrial growth.
  • Data show that the top five firms among the G25 business groups are capturing more market share while the remaining 20 lose ground.
  • Party leaders argue that this market concentration is driving up consumer prices and fueling inflation.
  • Congress alleges the government has redefined employment to include anyone working at least one hour a week, masking a true employment rate of just 51.7%.
  • Opposition demands a policy shift to support small and medium enterprises and to address stark gender gaps that leave only 23% of urban women economically active.