Congress targets Sitharaman’s ‘3Fs’, says she ignored ‘falling private investment’
The Congress party has criticized Finance Minister Nirmala Sitharaman for focusing on the '3Fs'—fuel, fertilisers, and forex—while neglecting the issue of falling private investment. Jairam Ramesh, a Congress general secretary, highlighted the decline in net foreign direct investment and private corporate investment as significant concerns. He argued that the current economic climate is discouraging businesses from investing domestically due to a lack of consumer demand and an intimidating government atmosphere.
- ▪Jairam Ramesh criticized Finance Minister Nirmala Sitharaman for ignoring falling private investment while discussing the '3Fs'.
- ▪He noted that net foreign direct investment inflows have decreased and private corporate investment has fallen significantly since 2014.
- ▪Ramesh attributed the decline in investment to a lack of consumer demand and a threatening atmosphere created by the Modi government.
Opening excerpt (first ~120 words) tap to expand
The Congress on Tuesday (May 26, 2026) targeted Finance Minister Nirmala Sitharaman over her call to focus on the “3Fs” — fuel, fertilisers and forex — with party general secretary Jairam Ramesh saying that she had overlooked “an all-important fourth F: falling private investment”.The FM has said that the 3Fs—Fuel, Fertilisers, and Forex—-are matters of great concern.But she forgets the all-important fourth F: Falling rates of private investment that have been in evidence these past few years. Net FDI flows have declined and private corporate investment…— Jairam Ramesh (@Jairam_Ramesh) May 26, 2026Mr. Ramesh’s remarks came a day after Ms.
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