India needs to step up public investment to attract private investments: Working paper by EAC-PM
A working paper by India's Economic Advisory Council to the Prime Minister (EAC-PM) suggests that the country needs to increase its public investment in order to attract more private investment. This is because private investors often require a certain level of public investment in infrastructure and other areas to be confident in their own investments. If public investment is not stepped up, it could limit the growth of the private sector and hinder economic development.
Read the source report: Economic Times
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