Investment

Investment plays a pivotal role in the economic development of a nation, catalyzing capital formation. In the context of an economy, investment refers to the allocation of resources, both financial and non-financial, to generate future returns.

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. (Answer in 250 words) (15 Marks)