New monopolists replacing old East India Company, says Rahul Gandhi

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The original East India Company wound up over 150 years ago but the raw fear it then generated is back with a new breed of monopolists having taken its place, Leader of Opposition in the Lok Sabha Rahul Gandhi said on Wednesday.

In an opinion piece in The Indian Express, Gandhi said India was silenced by the East India Company and it was silenced not by its business prowess, but by its chokehold.

The Company choked India by partnering with, bribing, and threatening more pliant maharajas and nawabs, he pointed out.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Original East India Company wound up but new breed of monopolists is in its place: Rahul

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 10:13:27 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1152 words

Reading Time: 7 minutes read

Sentences: 49 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23441496

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