Letters: An inevitable reaction

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Business Standard New Delhi
Last Updated : May 07 2015 | 9:52 PM IST
Apropos the editorial "Missed opportunities" (May 7), a strong reaction from the market due to the snail's pace progress of the government's economic reforms was inevitable. At a time when the country is on the path of progress, the reverse flow of capital from the market will negatively impact the economy and market sentiments.

The market had bestowed a lot of hope on the anticipated returns. However, the performance parameters of India Inc as of March 2015 have been disappointing.

Agriculture and farming need the government's attention to prevent the growth of rural unemployment and the plight of the farmers from farming activities. The dismal rural economy needs more investment for infrastructural development. The funds being invested in job-guarantee schemes are becoming unproductive on account of the rising inefficiency in delivering matching results.

V S K Pillai Kottayam

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First Published: May 07 2015 | 9:02 PM IST

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