Samajwadi Party National President Akhilesh Yadav on Saturday launched a sharp attack on the Bharatiya Janata Party (BJP), alleging that small businesses across the country have faced recession and closures under its rule.
Referring to a remark made by a small businessman — “These are not us, but our corpses standing here” — Yadav said the statement reflected the deep distress prevailing among the trading community.
“This angry reaction from a businessman’s family against the BJP government is nothing less than a death knell for the party,” the SP chief said in a post on social media.
He alleged that various sections of society now believe that the BJP government favours a handful of billionaires and large corporations at the cost of small traders and entrepreneurs.
According to him, small businessmen and shopkeepers are often accused of tax evasion, while larger corporate entities continue to dominate the economic landscape.
Yadav further claimed that rising inflation and declining market demand were the result of policies that, he alleged, encouraged monopolisation and hurt employment generation.
He said unemployment and reduced purchasing power had pushed markets towards recessionary conditions, severely impacting small traders, vendors, and local industries.
The former Uttar Pradesh Chief Minister asserted that struggling street vendors, shopkeepers, small and medium enterprises, factory workers and local entrepreneurs would respond politically to these economic challenges in upcoming elections.