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The Economic Times
The Economic Times
National

Private investment, not West Asia crisis, is India's growth challenge: Surjit Bhalla

New Delhi [India]: Indian economist and author Surjit Bhalla has said that weak private investment, rather than the ongoing West Asia crisis, is the key factor slowing India's economic growth.

In an exclusive interview with ANI, Bhalla said that India's strong GDP numbers six to eight months ago created a misleading picture of the economy because growth was being driven largely by government spending while private investment remained weak.

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