‘One-sided’ deal will flood Indian markets with U.S. products, say MPs

Opposition parties in the Lok Sabha criticized the India-U.S. interim trade deal, claiming it was one-sided and would harm Indian farmers. They questioned the government's commitment to buying $500 billion worth of American goods over five years, arguing that this move undermines India's trade leverage and benefits only the U.S. Congress MP Shashi Tharoor also expressed concerns about the deal's impact on India's trade surplus with the U.S., while Trinamool Congress MP Abhishek Banerjee alleged neglect of West Bengal in the Union Budget. The opposition parties demanded clarity on oil purchase policies and questioned the government's commitment to fulfilling its promises regarding development initiatives.