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)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to Firstpost.com/Whatsapp and hit the Subscribe button.
Updated Date: Mar 12, 2016 10:20:40 IST