Government policy experts will have to review the snail pace of the private sector economic activity. The decline in exports is a clear indication of a private sector slowdown. The expectation was that the government would stimulate private sector investment but that does not seem to have happened. The report says that of the stalled projects, 31% are in the power sector and 25% in steel. In the first quarter of the financial year of 2016-17, stalled projects amounted to Rs11.2 lakh crore, three-quarters of which was from the private sector.

Source: dna July 06, 2016 04:21 UTC