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This Article is From Mar 12, 2016

Public Investment Essential to Boost Growth: PM Modi

Prime Minister Narendra Modi said on Saturday that public investment is essential to boost growth in Asia's third-largest economy when private investment remains weak.

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Public Investment Essential to Boost Growth: PM Modi
New Delhi: Prime Minister Narendra Modi said on Saturday that public investment is essential to boost growth in Asia's third-largest economy when private investment remains weak.

Private capital investment has been dormant for the past four years, despite efforts by the Modi government to stimulate it through debt-fuelled higher public spending.
© Thomson Reuters 2016

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