Govt's paved the way, private sector needs to push capex pedal: Economic Survey

The Economic Survey has urged corporate India to invest in the private sector, as the government's capital expenditure has increased the economy's productive potential. The survey found that private sector gross fixed capital formation in machinery and equipment and intellectual property products has grown by 35% in the four years through fiscal 2022-23, while its GFCF in "dwellings, other buildings and structures" increased by 105%.