Faster state development key to Viksit Bharat: CEA Nageswaran

New Delhi, Sep 20 (UNI) India will need to mobilise significantly more private capital to fund its long-term development ambitions and achieve the goal of a developed economy by 2047, Chief Economic Adviser V Anantha Nageswaran said. The CEA stressed that faster development at the state level would be critical to achieving India's broader economic objectives. "Viksit Bharat depends on Viksit Rajya," the CEA said, calling on states to create an investment-friendly environment while continuing to maintain adequate levels of public capital expenditure. "The focus of the discussions has expanded beyond the traditional debate over how resources are generated and…