Letter to BS: India is not a better destination for investment than before

Consumption, demand and investment have to rise to ensure dynamism in all sectors of the economy

This refers to “India Inc’s long winter” (November 14). While there is progress in ease of doing business, India Inc has not been able to deliver results as expected by the market, which is negatively impacting the market capitalisation of many corporates. This signals that the country is not a better destination for investment than before. Rural consumption is one of the crucial factors to boost demand; however, it is not growing much owing to the sluggish rise in the real income of the farming community. The inflationary tendency in the economy must be kept under control to boost consumption.