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Congress slams Centre over collapse in FDI, fall in domestic investment

Business Standard LogoBusiness Standard4d ago

Congress slams Centre over collapse in FDI, fall in domestic investment - Business Standard

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"The Modi Government's destruction of Domestic Investment (DI) has been accompanied by a near annihilation of FDI (Foreign Domestic Investment) through its practice of another type of FDI (Fear, Deceit, and Intimidation)," Ramesh said in his post.

The Congress on Friday accused the Modi government of destroying domestic investment and also causing a "near annihilation" of Foreign Domestic Investment through its practice of "another type of FDI -- Fear, Deceit, and Intimidation".

In a post on X, AICC General Secretary (Communications) Jairam Ramesh said the net FDI in India during April to January 2024-25 was only USD 1.4 billion, against USD 19 billion from April-January 2012-13, when the Congress-led UPA was in power.

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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 13:56:18 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27785370

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