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Congress slams the government over 'sluggish' private investment, cites Chief Economic Adviser's comment
On May 5, 2026, the Congress criticised the Union government for persistent sluggishness in private corporate investment, attributing it to weak consumer demand, stagnant real wages, and a climate of fear generated by investigative agencies. Jairam Ramesh posted on X saying the party had repeatedly flagged a structural constraint holding back higher real GDP growth.
Why It Matters
The remarks underscore concerns about the investment climate and potential impacts on economic growth and policy.
Timeline
1 Event
Congress criticises government over sluggish private investment
May 5, 2026
The Congress criticised the Union government over persistent sluggishness in private corporate investment, attributing it to weak consumer demand, stagnant real wages, and a climate of fear generated by investigative agencies. In a post on X, Congress general secretary (communications) Jairam Ramesh said the party had repeatedly flagged a structural constraint holding back higher real GDP growth.