Conventional reasons of low demand, capacity utilisation, access to bank credit, poor profitability aren't to blame. It's lack of confidence in economic management, say economists.
World Bank points to declining investment growth in the 2011-21 period. Policies promoting investment, improved human capital & faster labour supply could help reverse slowdown.
The government has planned Rs 7.5 trillion ($91.30 billion) in capital expenditure this year, the highest on record, to help crowd in private investment.
More Indians are venturing into volatile territory by pouring money into new and lightly controlled assets, investing in peer-to-peer lending and cryptocurrencies.
In 1st visit to J&K since abrogation of Article 370, PM also inaugurated solar power plant at Palli village in Samba district, making it India's 1st 'carbon-neutral' panchayat.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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