India's Economic Growth Faces Challenges from Low Private Investment and Rising Debt

India's economy is projected to grow at 7.4% in the financial year ending March, yet concerns persist over low private investment and a rising debt-to-GDP ratio of 81%. Since 2014, Prime Minister Modi's economic approach has balanced fiscal restraint with increased infrastructure spending, but sustaining both may be challenging. Analysts note that despite strong headline growth, private capital inflows remain weak, with public sector investment crowding out private participation, raising questions about the sustainability of current growth.