With revival in investments Indian economy will outpace peers

Vivek Kumar
Jun 9, 2023 | 11:00 IST

India’s post-Covid economic recovery has been about investing for the future. It makes the country an outlier

In economic parlance, investment holds a special place in assessing the quality of overall economic growth. At an aggregate level, investment is nothing but spending by economic agents (households, private corporations and government) on creation of capital assets. It can take the form of dwellings, machinery and equipment, and intellectual property products.

In the short run, investment influences gross domestic product (GDP) via the transactional impact of generation of capital assets. More importantly, in the longer run, it boosts the productive capacity of the economy and increases overall efficiency.
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