Lack of investments has affected economic growth. There's an urgent need for public investments to keep the cycle going
Finance minister Arun Jaitley faced a major dilemma before presenting the Union budget on Saturday. The Indian economy was not seeing enough fresh investments which was hurting present and future growth. In fact, fresh investments in the economy have been consistently slowing, from 34.7 percent (as a percentage of GDP) in the first quarter of 2011-12 to 30.1 percent at the end of the second quarter of the current fiscal (2014-15).