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This Article is From Mar 12, 2016

PM Narendra Modi Says Public Investment Essential To Boost Growth

PM Narendra Modi Says Public Investment Essential To Boost Growth
PM Narendra Modi at the 'Advancing Asia' conference in New Delhi.
New Delhi: Prime Minister Narendra Modi said today 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 PM Modi's government to stimulate it through debt-fuelled higher public spending.

 
© Thomson Reuters 2016

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