Manufacturing share in investment falls 10 ppt in four years

Though finance minister P Chidambaram has focused on getting PSUs to hike their investment levels—for listed PSUs, capital invested has stagnated in recent years from R1,27,784 crore in FY12 to R1,28,408 crore in FY13—PSUs aren’t really the problem area. The real worry lies in the collapse in private sector investment, and especially that in the manufacturing sector, something that is intuitively obvious when you look at stuck projects like Posco for instance.

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