India's growth depends on private sector investments

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The use of clean energy alternatives has reduced carbon dioxide emissions by around 0.26 million tons over five years, generating 10 percent less carbon dioxide than before. Shashank Jayaprasad/UNDP India

Private sector investments in India need to increase if the country is to achieve a better growth rate, according to the new chief economic adviser to the Indian Government.

Arvind Subramanian, who assumed his duties mid-October, was at the International Monetary Fund (IMF) to discuss how private investment is down in India, partly due to the lack of coal and electricity.

He explained that removing those bottlenecks will be key to increasing growth.

Jocelyne Frank asked Mr Subramanian about the main challenges of his new agenda.

Duration: 3'34"

 

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