, Columnist
India's Dangerous Investment Gap
Private investors aren't spending for a reason.
Half of infrastructure projects remain stalled.
Photographer: Deshakalyan Chowdhury/AFP/Getty ImagesThis article is for subscribers only.
India’s celebrated position as the world’s fastest-growing large economy conceals a dangerous weakness: Too few people seem to want to invest in the country. Even going by the government’s growth figures, private investment is shrinking at an increasing pace -- by 1.9 percent between January and March, and by 3.1 percent between April and June.