Business Standard

Investment rate tipped to rise to 29% of GDP on government spending

A report by CARE Ratings shows investments would be fuelled by government spends on infrastructure

money, investment
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Jayajit Dash Bhubaneswar
The investment rate is tipped to rise to 29 per cent of the country's GDP in 2019-20, a trifle better than the four-year high of 28.9 per cent achieved in the last fiscal. 

A report by CARE Ratings shows investments would be fuelled by government spends on infrastructure. The report is not too optimistic on private sector investments reviving despite the ceasing of political uncertainty. Private investments, though, are expected to pick up with a lag and government policies would catalyse the uptick in private investments.

Investment sentiment in the country continues to be subdued. Although investment rate touched a four-year high

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First Published: May 30 2019 | 11:21 PM IST

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