Boosting private sector investment in India challenging: Subramanian
29 March 2017 12:04 PM IST29 March 2017 12:04 PM IST
GDP growth for the October-December period came in at 7.0 per cent.
Days after the Indian economy was placed sixth based on GDP numbers by the World Bank, outgoing Chief Economic Adviser Arvind Subramanian on Thursday said the Centre's current priority should be to enhance the standard of living of common man.
Boosting private sector investment remains a challenge for the Indian economy, Arvind Subramanian, chief economic adviser to the finance ministry told the annual Credit Suisse Asian Investment Conference in Hong Kong on Wednesday.
Annual gross domestic product (GDP) growth for the October-December period came in at 7.0 per cent, a tad slower than 7.4 per cent in the previous quarter but much faster than the 6.4 percent expansion forecast by economists in a Reuters poll.
( Source : reuters )
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