Private capital expenditure to pick up in coming years: MPC member Jayanth R Varma

RBI Monetary Policy Committee member Jayanth R Varma predicts that capacity utilization is increasing and private capital expenditure will pick up in the coming years. He believes that the government has borne the burden of investment, while private capital expenditure has been muted. Varma also believes that large public sector infrastructure investments have the potential to crowd-in private sector investments.
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