New Delhi, June 1 -- Highlighting that profit must be shared among promoters, shareholders, labour, government, consumers, society and other stakeholders, Senior Congress leader P. Chidambaram stated on Sunday that because of the lack of sufficient competition, consumers are exploited in several sectors, such as air travel, insurance, and pharmaceuticals.
In a post on X, Chidambaram said, "That 'profit' in business is not a bad word became government policy in 1991 when Dr Manmohan Singh was finance minister. The question is how the profit must be shared among promoters, shareholders, labour, government, consumers, society and other stakeholders," the Congress leader said on X.
"As the Chief Economic Adviser has said many times, the til...
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