Prime Minister 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-fuelled higher public spending.
(Reporting by Rajesh Kumar Singh; Editing by Sam Holmes)
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First Published On : Mar 12, 2016 11:00 IST