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In an apparent attack on the Opposition, Sitharaman said conspiracy is being carried out to damage India’s image and give a message to foreign investors that the country is not safe for investment.
Hitting back at Sitharaman, Congress general secretary in-charge communications Jairam Ramesh said, “Private investment – domestic and foreign – in India, so very vital for accelerating India’s economic growth, is still very sluggish and refuses to boom. This is inspite of steep corporate tax cuts and aggressive PR by the non-biological PM and his cheerleaders and drumbeaters.” “Now the FM has come up with what she thinks is the answer to this puzzle. In the Lok Sabha yesterday, she blamed what she calls Congress propaganda for deterring private investment. This is sheer desperation,” Ramesh said.
She is now pleading helplessness thinking that investment decisions in board rooms are dictated by the words of the main Opposition party, and not by the actions of the government in power, Ramesh said.
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Replying to a discussion on Budget 2024-25 in the Lok Sabha, Sitharaman had said, “India’s social fabric, parliamentary traditions, economy and the armed forces are all four being severely attacked”.
If there is instability and anarchy in the country, the journey towards Viksit Bharat will be more difficult, she had said, adding this is a huge challenge.