Bengaluru, Feb. 20 -- India cannot afford hesitation in private investment if it is to reclaim its historical economic prominence, Dr Mahendra Dev, Chairman of the Prime Minister's Economic Advisory Council, said on Friday.
Speaking at the Ecofluence 3.0 conference organized by the Indus Business Academy (IBA) here, he warned that private sector inertia, often blamed on "uncertainty," must give way to decisive investment and strategic action.
"India cannot afford hesitation in private investment if it wants to reclaim its place as a global economic powerhouse. Private sector inertia, often blamed on 'uncertainty,' must give way to decisive investment and strategic action," he said.
"The government has laid the groundwork with policies li...