Why India Has a Private Investment Problem

January 18, 2026

India’s economy should be the envy of the world. Official statisticians have just announced that it will grow at a blistering 7.4% in the financial year ending March. But New Delhi isn’t breaking out the champagne just yet. Prime Minister Narendra Modi has a big decision to make later this month — and growth can and will falter if he chooses wrong. 

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