The Indian National Congress on Tuesday criticized the Union government over sluggish private corporate investment, blaming weak consumer demand, stagnant real wages, and an alleged climate of fear fostered by investigative agencies. Congress general secretary Jairam Ramesh cited structural economic constraints as a key barrier to higher GDP growth.

Ramesh made the remarks in a post on X, stating that the party had previously highlighted the issue and pointing to comments by the Chief Economic Adviser to underscore the seriousness of the investment slowdown. He argued that private investment has not picked up despite prolonged economic recovery.

The Congress linked the investment lull to broader economic challenges, including insufficient household spending and declining worker income growth. The party accused the government of failing to create a conducive environment for business expansion.

The government has not yet responded to the criticism. The debate over investment trends is expected to intensify ahead of upcoming economic reviews and parliamentary sessions.