New Delhi: The Indian National Congress has leveled serious accusations against the ruling Bharatiya Janata Party (BJP), asserting that its economic policies have significantly hindered investment growth in India over the past ten years.

According to Kashmir Media Service, Congress General Secretary Jairam Ramesh criticized the economic strategy of the Modi government in a recent statement. He attributed the decline in investment to a combination of the government’s lack of vision, unfavorable economic policies, and the alleged misuse of investigative agencies like the Enforcement Directorate, CBI, and Income Tax Departments to benefit certain capitalists. Since Prime Minister Narendra Modi took office in 2014, Ramesh claims there has been a persistent downturn in investment, which he links directly to these policies.

Ramesh also highlighted the broader economic impact of these policies, noting a decrease in India’s domestic production rate and an increase in poverty and inflation among the nation’s most vulnerable populations. He contrasted the current investment rate, which he stated has fallen to between 20 to 25 percent of GDP, with rates during previous Congress administrations, which ranged from 25 to 30 percent.