The Congress on Tuesday said Finance Minister Nirmala Sitharaman had forgotten the “all-important fourth F” — falling rates of private investment — while calling for greater focus on the “3Fs” of fuel, fertiliser, and forex.
Congress general secretary in charge of communications, Jairam Ramesh, said winning elections through large-scale manipulation of electoral rolls is one thing, but recognising what really ails the economy with humility and sobriety and taking remedial actions is an entirely different matter.
“The FM has said that the 3Fs — Fuel, Fertilisers, and Forex — are matters of great concern. But she forgets the all-important fourth F: Falling rates of private investment that have been in evidence these past few years,” Ramesh said on X.
He pointed out that net FDI inflows have declined, while private corporate investment as a percentage of GDP has fallen to half of its pre-2014 peak. Indian businesses are seeking more predictable and profitable ventures abroad, and .​The Congress on Tuesday said Finance Minister Nirmala Sitharaman had forgotten the “all-important fourth F” — falling rates of private investment — while calling for greater focus on the “3Fs” of fuel, fertiliser, and forex.
Congress general secretary in charge of communications, Jairam Ramesh, said winning elections through large-scale manipulation of electoral rolls is one thing, but recognising what really ails the economy with humility and sobriety and taking remedial actions is an entirely different matter.
“The FM has said that the 3Fs — Fuel, Fertilisers, and Forex — are matters of great concern. But she forgets the all-important fourth F: Falling rates of private investment that have been in evidence these past few years,” Ramesh said on X.
He pointed out that net FDI inflows have declined, while private corporate investment as a percentage of GDP has fallen to half of its pre-2014 peak. Indian businesses are seeking more predictable and profitable ventures abroad, and . ​Latest News [ SOBAN NEWS: International and National ]
