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इंडियन आवाज़     14 Apr 2024 08:03:05      انڈین آواز

Jaitley asks private sector to step up investments in economy

(Last Updated On: 09/07/2016)

AMN /

jaitelyFinance Minister Arun Jaitley has said that India has shown good growth in last few years due to public investment and Foreign Direct Investment but best of private sector investment is yet to come. Unveiling the commemorative stamp on the occasion of 140th year of Bombay Stock Exchange, BSE in New Delhi today, Mr Jaitley said, essence of all economic activities is investment which in turn comes from many sources available.

He said, India must seize every economic opportunity coming its way and the time is ripe for the private sector to step up investments in the economy. He said, India has lost many opportunities and it needs a lots of investment to cover up infrastructure deficit and industry deficit.

Mr Jaitley said, urban demand has shown signs of improvement and with good monsoon this year hopefully the rural demand will also pick up. The Minister said, establishment of the BSE in 1875 was the major economic step of transformation. He said, the economic necessity of that time gave birth to BSE to raise capital and for wealth generation to enrich the society.

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