Issue of low corporate investment to be addressed soon: Arun Jaitley

Govt to come up with a plan to address the issue of subdued private investment

Union Finance Minister Arun Jaitley said on Thursday the government would soon come out with a plan to address the problem of subdued corporate investment in the economy.

“There is a problem of (subdued) private investment. The government is seized of the issue. Very soon you will hear from us,” Jaitley said at an investors’ summit organised by JP Morgan in the Capital on Thursday.

Largely propped up by the government capex, the gross capital fixed expenditure rose by 1.6 per cent in the first quarter of 2017-18, against the contraction of 2.1 per cent in the fourth quarter of 2016-17. 

According to