Pvt sector reluctant to invest in India as no-confidence in govt: Cong

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Pvt sector reluctant to invest in India as no-confidence in govt: Cong - Business Standard

Quick Summary:

Congress general secretary in-charge communications Jairam Ramesh said the investment environment in India had been sluggish in the "Modi decade".

The private sector's reluctance to invest in India is a corporate motion of no-confidence in the Narendra Modi government, the Congress claimed on Monday.

The opposition party also urged the government to take measures in the upcoming Union budget to stimulate and sustain domestic investment in the country that, it claimed, was on the decline.