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NITI Aayog may prepare a blueprint to push India's private capex

Economic Times · 14h

The NITI Aayog plans to create a strategy to boost private infrastructure investment, responding to a projected 25% decline in private sector capital expenditure this fiscal year. Despite government encouragement for increased capex, private sector participation remains inadequate. The focus will be on improving regulatory compliance, finance costs, skilled labor availability, and ease of business. The Aayog will consult industry leaders and stakeholders to address existing challenges and encourage private sector investment.