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Tuesday, December 24, 2024 | 12:42 AM ISTEN Hindi

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New hope in private investment?

Perhaps we've just experienced a turning point in private investment

Illustration
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Illustration: Ajay Mohanty

Ajay Shah
Private investment is the most important source of economic and cultural dynamism in a country. This has been a long winter from 2011 onwards. One part of this story is the sharp decline in private participation in infrastructure and the enhanced role of the state in infrastructure. There is a small recovery in recent months.

Most gross domestic product (GDP) and most jobs are made by the private sector. The greatness of a country is about the freedom, energy, creativity, and optimism of private persons. When private firms build fixed assets, this generates a long-term stream of output and a long-term
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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