Politically-patronised private investment crowding out broad-based private investment: Congress (opens original article in a new tab)
Congress leader Jairam Ramesh stated that India's most serious challenge is the lack of buoyancy in private corporate investment, attributing it to factors like stagnation in real wages and high inflation, and alleged that politically-patronised private investment is crowding out broad-based investment.
- Congress claims lack of private corporate investment is India's most serious challenge
- Jairam Ramesh alleges politically-patronised private investment is crowding out broad-based investment
- Adani Group accounted for a third of all private capital expenditure in India during FY2026
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