Congress Slams Finance Minister Over Investment Allegations

Congress has criticized Finance Minister Nirmala Sitharaman, calling her claims that the party's propaganda deters private investment 'sheer desperation'. Jairam Ramesh cited several reasons for sluggish investment, including erratic policy-making and rampant cronyism. Sitharaman had accused the Opposition of damaging India's image to foreign investors.

Congress has leveled harsh criticism at Finance Minister Nirmala Sitharaman, dismissing her claims that the party's 'propaganda' is responsible for hindering private investment as 'sheer desperation.'

Sitharaman had alleged a conspiracy by the Opposition to tarnish India's reputation and deter foreign investors, warning that economic instability could impede the nation's progress toward becoming a developed nation.

In a sharp rebuttal, Congress general secretary Jairam Ramesh highlighted issues such as erratic policy-making, exemplified by demonetization and the flawed GST rollout, rampant cronyism, and the climate of fear created by governmental agencies as the real culprits behind sluggish private investment.

(With inputs from agencies.)