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'Govt Has Done Its Bit In Budget' - PM To India Inc: It's Your Turn To Invest
Financial Express Mumbai
|March 08, 2023
PRIME MINISTER NARENDRA MODI on Tuesday exhorted India Inc to enhance investments in the country in line with the government's decision to increase capital expenditure in Budget 2023-24.
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"I would also call upon the private sector of the country to increase their investment just like the government did so that the country gets maximum benefit from it," he said while addressing the 10th post-Budget webinar.
Touching upon the massive increase in the capital expenditure outlay in the Budget to 10 trillion for FY24 and the dynamism induced by the Gatishakti Masterplan, the PM emphasised the need to support the private sector, which is working for the progress of the different geographical areas and economic sectors.
He also underlined that India is being called the bright spot of the global economy. The country attracted its highest FDI in 2021-22, with a major part going into the manufacturing sector.
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