Modinomics is appeasement of US, capitulation to China: Congress
The Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies involve appeasing the United States while capitulating to China, citing India's growing trade deficit with China and a shrinking surplus with the US. Discussions are underway for a bilateral trade agreement with the US, while trade figures reveal a significant imbalance with Beijing.
The Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies involve appeasing the United States while capitulating to China, citing India's growing trade deficit with China and a shrinking surplus with the US. Discussions are underway for a bilateral trade agreement with the US, while trade figures reveal a significant imbalance with Beijing.
