India's Modi says public investment essential to boost growth | Reuters

NEW DELHI Indian Prime Minister Narendra Modi said on Saturday 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 Modi's government to stimulate it through debt-fueled higher public spending.

(Reporting by Rajesh Kumar Singh; Editing by Sam Holmes)

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Published Date: Mar 12, 2016 10:20 AM | Updated Date: Mar 12, 2016 10:20 AM

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