India’s Q1FY23 GDP grew by 13.5%, as against Reser... moreIndia’s Q1FY23 GDP grew by 13.5%, as against Reserve Bank of India (RBI) projections of 16.2%. While this growth was boosted by a rise in private final consumption expenditure (PFCE) and gross fixed capital formation (GFCF), the World Bank, in its report, stated that ‘private investment growth is likely to be dampened by heightened uncertainty and higher financing costs’. Let's evaluate the reasons why private investment is crucial to the economy, as well as the steps that need to be taken at the policy level to encourage more of it. #privateinvestment #fixedcapital #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze
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