Finance Minister K. N. Balagopal on Saturday stressed the need for private investment to go up for revving up the economy.
Mr. Balagopal was speaking at a pre-budget interaction with media persons. He said it would be good if individuals and institutions can channelise investments to boost production in the State.
(It may be noted that the Governor’s policy address to the State Assembly had mentioned a clutch of initiatives to boost private investment in areas like higher education, waste management, industry, employment and renewable energy.)