[Solved] Explain the meaning of investment in an economy in terms of capital formation. Discuss the factors to be considered while designing a concession agreement between a public entity and a private entity. (UPSC GS-3 mains 2020)

In economics, an investment is the purchase of goods that are not consumed today but are used in the production of goods or services in the future and thus is considered to be a form of saving and part of the investment and capital formation. The concession agreement between a public entity and a private … Read more