‘Viksit Bharat depends on Viksit Rajya’: CEA calls for more private capital, higher state capex

The Chief Economic Adviser, V Anantha Nageswaran, emphasized the need for increased private capital and higher state capital expenditure to achieve India's development goals by 2047. He urged states to create a favorable investment environment, which is crucial for the country's growth. This call for greater private participation and state investment is significant for the economy, as it could attract more funds and stimulate growth in key sectors such as infrastructure and industry.

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India's Chief Economic Adviser is calling for greater private-capital participation to finance development ambitions. This could lead to increased investment and growth in the country.

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