It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
Private investment nosedived from 16.8% of the GDP in FY08 to 10% in FY22 (latest available data).
ISRO chairman Somanath S. tells Fortune India how ISRO will help the private sector build India's space economy.
The Next 500 entrepreneurs will really shape the future of India, exclaims NITI Aayog CEO Amitabh Kant.
While job crisis tightens its grip, state governments are seeking an easy escape by passing the burden to private sector, although not entirely without valid reasons.
On the private investment front, Gupta said that there is no dearth of capital in India for a good project backed by a good promoter.
The second phase of the Covid-19 vaccine, which is currently underway, requires the private sector's involvement more than ever before. And the sector is rising up to the challenge.
The government needs to focus on two fronts: providing a stable policy regime for better private sector participation; and ensuring the policies draw global companies and nurture domestic companies.
Editor’s letter from the May 2019 issue