💨 Abstract

The report by Crisil Intelligence suggests that India's private sector is in a better investment position than a decade ago, with improved financial health of private corporations due to reduced debt, stronger balance sheets, and ample room for new debt. Banks' financial positions have also improved, with a decline in non-performing assets. Government policies like the PLI scheme, Make in India, FDI liberalization, corporate tax reductions, and GST have contributed to an improved investment climate.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖