Parliamentary Finance panel concerned over slow private investment despite substantial surge in public capex
New Delhi, June 4 -- A Parliamentary panel has raised concerns over private investment not keeping pace with government capex, with Standing Committee on Finance Chairman Bhartruhari Mahtab on Thursday saying the issue remains a key challenge for the Indian economy even as public capital expenditure continues to rise.
Speaking to ANI after a meeting of the Parliamentary Standing Committee on Finance today, the Lok Sabha MP Mahtab said the panel reviewed the evolving economic situation, including growth trends, inflation, foreign investment flows and global developments impacting India.
"The challenge is when government investment is increasing, capital investment is growing, private investment is not picking up in that line. That is a c...
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