The Congress on Friday alleged that the government almost terminated FDI through a policy of ‘fear, cheating and threats’ in Foreign Direct Investment (FDI).
Party General Secretary Jairam Ramesh also claimed that the total FDI in India declined to less than $ 1.4 billion in April-January 2024-25.
Ramesh posted on ‘X’, “Total Foreign Direct Investment (FDI) in India was $ 19 billion in April-January 2012-13. In April-January 2024-25, the total FDI in India declined to less than $ 1.4 billion. ”
He alleged that the Modi government has almost abolished FDI through the policy of Domestic Investment (DI) as well as another type of FDI – Fear, DIT, Intemedation (Fear, Cheating and Threatening).
Taking a sarcasm, Ramesh said that this achievement was achieved by the Modi government when President Donald Trump did not take over in January 2025.
He said, “During Bidon’s tenure in the US, companies from all over the world were eager to invest in Asian countries except China. Vietnam, Indonesia and Bangladesh received billions of dollars investment, while India lagged behind. ‘
