India s booming economy faces a challenge as corporate investment lags behind, posing a potential threat to sustained growth. While government spending on infrastructure receives praise, the private sector s reluctance to invest long-term is evident. PM Narendra Modi, focusing on foreign business ease, faces the dilemma of boosting confidence to spur private investment amid geopolitical opportunities arising from China s slowdown.
Green and red lights are flashing at the same time. At some point soon, the government will need to redice its extraordinary spending, which could weigh on the economy if private sector money doesn't pick up
Train travel in the country has gotten much safer, Friday’s disaster notwithstanding, but the government still puts high-profile projects ahead of basic safety improvements, analysts say.