Private sector should increase investments, benefit from Budget: Modi

Trust and expectation have replaced doubt in discussions about Indian economy, he says

India’s private companies should increase investments and use opportunities announced in Budget 2023-24, said Prime Minister Narendra Modi on Tuesday.

The private sector helps in the development of the country and the government will support it, he said, referring to the Budget increasing the capital expenditure outlay by 33 per cent to Rs 10 trillion.

The time has ended when the world doubted India’s capability and economic goals, he said at a post-budget webinar on ‘Enhancing Efficiency of the Financial Services for Creating Growth Opportunities’.

“With India guided by financial discipline, transparency and inclusive approach, the question mark at the