📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
Politics
Scindia says Govt Won’t Permit Monopolies in Any Indian Sector
✍️ The Hindu
🗓 10 Oct 2026, 05:17 AM
👁 16
Union Minister Jyotiraditya Scindia stated that the government will not allow monopolistic practices in any sector across India, as reported by The Hindu.
Union Minister Jyotiraditya Scindia told reporters that the government is committed to preventing monopolies in every sector of the Indian economy.
He said a competitive market environment is essential for consumer welfare and sustainable growth, and that regulatory tools will be sharpened to curb excessive concentration of market power.
The comment was made during a press briefing in New Delhi and reflects the administration’s broader stance of promoting fair competition, although no specific legislative proposals were outlined.
Analysts note that the statement aligns with recent antitrust actions, but the minister did not reference any particular industry.
He said a competitive market environment is essential for consumer welfare and sustainable growth, and that regulatory tools will be sharpened to curb excessive concentration of market power.
The comment was made during a press briefing in New Delhi and reflects the administration’s broader stance of promoting fair competition, although no specific legislative proposals were outlined.
Analysts note that the statement aligns with recent antitrust actions, but the minister did not reference any particular industry.