Question 1 · 10 marks · 63 words written
Opening
Complementary public and private investment leads to accelerated economic growth and can help in achieving $5 trillion economy by 2030.
Body · points and prose
Falling private investment in Indian economy
- Private investment is on decline from 2012-13 after the global economic crisis.
- Gross fixed capital formation is affected by the declining private investment in Indian economy.
- Reasons for declining private investment
- (1) Demand decrease in the economy.
- (2) Rising prices leading to reduced savings.
- (3) lack of support from the government.
Close · a way forward
Public-private-partnership should be leveraged to achieve economic growth.