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Ministers' inaction, NEET leak expose 12 years of country's stagnation

Foreign Institutional Investors pulled out more than Rs 2 lakh crore from India's secondary markets during the first four months of 2026. This trend is fueling economic stagnation and rising youth discontent, as graduate unemployment approaches 40%. K E Raghunathan warns that civil disturbances could follow.

BRIC Team
BRIC Team
Jun 4, 2026 · 1 min read · 1 views
Ministers' inaction, NEET leak expose 12 years of country's stagnation

Key Takeaways

  • He warned that the country could soon see civil disturbances mirroring those in Sri Lanka, Nepal, or Bangladesh.
  • India faces economic stagnation and a growing risk of youth unrest, according to K E Raghunathan, convenor of the Consortium of Indian Associations.
  • Ministers are preoccupied with election duties or "praising duty," rather than governance, Raghunathan stated.
  • He criticized their "relaxed" approach, likening them to "retired people still holding onto jobs." This lack of focus leaves them "short of ideas" after 12 years, he added.

Concerns over unrest in India are rising. Predictions of disruptions like those in Sri Lanka,Nepal,or Bangladesh are everywhere. K E Raghunathan, convenor of Consortium of Indian Associations,voiced these fears, pointing to economy and government's inaction.

Raghunathan slammed ministers,said they're more into campaigns than governance. Called them retirees still in office,adding little. Complacency from over decade of weak leadership, he argued,has killed innovation.

Recent NEET exam scandal shows it . Accountability missing. For instance,Piyush Goyal spent two months on election matters in Tamil Nadu,neglecting textile sector and MSMEs. Industrialists in Coimbatore pleaded for tariff cuts,customs duty waivers on cotton. Mostly ignored .

Economy looks shaky. First four months of 2026, Foreign Institutional Investors pulled over Rs 2 lakh crore from markets,almost matching all of 2025. MSME sector, key to 31% of GDP,49% of exports, and over 330 million jobs, is struggling to survive.

Unemployment hits 5.2%, affecting 35 to 40 million. Youth joblessness ages 15 to 29 over 15%,nearly 40% for degree holders. Fresh graduate hiring down 24%+, many waiting up to two years for jobs. Rupee has dropped 18%,fuel prices bust 100 mark.

Initiatives like Startup India and Make in India are losing focus. Anger over lack of jobs is growing. "Cockroach party" movements are gaining momentum in Coimbatore and beyond . Meanwhile, external factors like US-Israel conflict and AI advances add to economic troubles…

#politics#top

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