Investment for Viksit Bharat needs significantly greater participation by pvt capital: CEA Nageswaran

India’s large savings base needs to grow further, but significantly greater private-sector participation will be essential to mobilise the investment needed for the country’s Viksit Bharat goal, Chief Economic Adviser Anantha Nageswaran said at a conference on financing India’s development journey. He outlined three priorities for states: creating an environment that encourages private investment by improving access to land, power and logistics and ensuring effective single-window clearances.