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India Systematically Destroying Muslim-Owned Businesses

2023-07-22 by Hafiz M. Ahmed

In the bustling markets of India, a troubling trend has emerged. Amid the vibrant array of shops and stalls, Muslim-owned businesses are facing an increasingly challenging environment. This piece aims to shed light on the economic struggles of these businesses, drawing on historical evidence and recent developments.

India, home to the world’s third-largest Muslim population, has long been a melting pot of diverse cultures and religions. However, the economic landscape for Muslim entrepreneurs has been fraught with difficulties. From small-scale vendors to larger enterprises, Muslim-owned businesses have reportedly been grappling with a host of issues that have hampered their growth and sustainability.

The roots of these economic challenges can be traced back to the socio-political dynamics of the country. Historically, Muslims in India have been economically disadvantaged, with lower levels of education and higher poverty rates compared to other religious groups. This socio-economic disparity has inevitably spilled over into the business realm.

In recent years, the situation appears to have worsened. Reports suggest that Muslim-owned businesses have been disproportionately affected by policies such as the demonetization initiative of 2016 and the implementation of the Goods and Services Tax (GST) in 2017. These measures, while intended to reform the economy, have reportedly hit small businesses hard, particularly those owned by Muslims.

Beyond these broad economic policies, there are allegations of more targeted discrimination. For instance, during the COVID-19 pandemic, a misinformation campaign falsely linked the spread of the virus to the Muslim community, leading to boycotts of Muslim-owned businesses. Similarly, the aftermath of the Delhi riots in 2020 saw Muslim businesses being selectively targeted, according to human rights organizations.

The Indian government has consistently denied any systematic bias against Muslim-owned businesses. They argue that economic policies and law enforcement are applied uniformly, irrespective of religion. However, these assertions have done little to assuage the concerns of the Muslim business community.

The economic implications of these challenges are profound. Muslim-owned businesses are a vital part of India’s economy, contributing significantly to employment and GDP. Their struggle not only affects the Muslim community but also hampers the overall economic growth of the country.

The economic struggles of Muslim-owned businesses in India are a pressing issue that warrants urgent attention. It’s crucial for the Indian government to address these concerns transparently and equitably, ensuring that all businesses, regardless of the religious affiliation of their owners, can thrive in the country’s economic landscape.

This piece is not an indictment but a call to action. It’s a plea for economic justice, for the recognition of the struggles faced by Muslim-owned businesses, and for the implementation of policies that ensure equal opportunities for all.

Author

  • Hafiz M. Ahmed

    Hafiz Maqsood Ahmed is the Editor-in-Chief of The Halal Times, with over 30 years of experience in journalism. Specializing in the Islamic economy, his insightful analyses shape discourse in the global Halal economy.

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The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

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