‘Viksit Bharat depends on Viksit Rajya’: CEA calls for more private capital, higher state capex

Chief Economic Adviser V Anantha Nageswaran said India will need greater private-capital participation to finance its development ambitions towards 2047, urging states to create an investment-friendly ecosystem and strengthen capital expenditure. At a two-day conference on financing Viksit Bharat, Nageswaran said, “Viksit Bharat depends on Viksit Rajya”, while discussions also focused on savings, agriculture, energy transition, technology and fiscal resilience.