1. Infra monitor: Private sector investment moderates even as govt continues to spend

Infra monitor: Private sector investment moderates even as govt continues to spend

The not so good news is that the speed of India’s investment recovery moderated in the quarter ended September 2015, after seeing an upward trend since mid-2014.

By: | Updated: October 14, 2015 1:06 AM

The not so good news is that the speed of India’s investment recovery moderated in the quarter ended September 2015, after seeing an upward trend since mid-2014. Data from the Centre for Monitoring Indian Economy (CMIE) says incremental investment was flat q-o-q as private sector investment declined, particularly in the metals sector.

The silver lining here is that government-led investment remained strong and new project announcements, which have a positive correlation with future investment, rose for the fifth consecutive quarter.

Gr13

 

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