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IMF Report Highlights Sluggish Private Investment in India
Delhi 07 March 2025
|Millennium Post Delhi
The International Monetary Fund (IMF) has highlighted India's sluggish private investment growth in its latest India Article IV Consultation Report, said Congress MP Jairam Ramesh in a statement on Thursday.
NEW DELHI:
Citing the report, which dedicates an entire section to "Reigniting Private Investment in India," Ramesh said that it raises concerns about declining corporate investment, foreign direct investment (FDI), and employment trends.
As per the IMF report, private corporate investment has been weaker than historical trends, with nominal investment growth slowing from 21 percent in 2022-23 to 13 percent in 2023-24.
A major concern is the declining share of machinery and equipment investment in GDP, which affects industrial expansion.
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