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Indian currency of different denominations are seen in this picture illustration taken in Mumbai
Sajjid Chinoy: The wrong battle on investment
The discussion on India's growth slowdown and investment slump typically vacillates between fact and conjecture. First, the facts. Investment-led growth is the only sustainable growth driver in a supply-constrained economy like India. A huge private capex surge underpinned India's nine per cent growth in the mid-2000s. Equally, the slump in investment since the financial crisis, and the corresponding
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