The Congress on Friday (July 3, 2026) alleged that the Union government’s “calibrated capitulation” to China is continuing even as India’s trade deficit with that country reaches record levels “destroying large sections of industry”.
Finance Ministry relaxes restrictions on four China-linked companies to bid for government power projects Congress general secretary Jairam Ramesh shared a media report on X which said that India had allowed four Chinese power equipment manufacturers with factories in the country to participate in government tenders for critical power projects.
In his post, Mr.
Ramesh said, “The Modi Government’s calibrated capitulation to China continues even as India’s trade deficit with that country reaches record levels destroying large sections of our industry specially MSMEs.” China’s provocative actions in relation to Arunachal Pradesh are unabated, he said.
“The world’s largest hydroelectric project in Medog continues, imperilling India’s water security in relation to the Brahmaputra.
India’s traditional patrolling and herding rights in many places in Eastern Ladakh have been given up,” Mr.
Ramesh said.
Goods exports hit record high of $45.2 billion in May 2026, trade deficit widens on higher import growth Prime Minister Narendra Modi “infamously gave a public clean chit” to China on June 19, 2020 even after 20 of India’s armed forces personnel were martyred in Ladakh, he said.
China’s pivotal role in Pakistan’s actions during Operation Sindoor were acknowledged by the Deputy Chief of Army Staff and are documented, the Congress leader said, adding, “And yet, the ‘capitulation’ to China continues apace”.
