Monday, May 20th 03:57 AM IST
 

India’s corporates should stop whining about the economy

Arun George

There is a lot businessmen in India can do to improve the state of the Indian economy. As Firstpost argued earlier, India Inc can start investing in various states, they can self reflect and reduce crony capitalism, present a united front in demanding electoral reforms, take greater responsibility for what happens in society and promote affirmative action within their own firms. Until they walk the walk, they can’t really be giving advice to the government and expect to be taken seriously by the government or people.read less read more

Sunainaa Chadha

S&P's reiteration of the rating risk has prompted corporate India to flag off some of its concerns. Why? Because corporate India is sitting on tonnes of money but is too afraid to use it here thanks to the government’s policy paralysis and regulatory hurdles. And this time around it is hoping to pull  the government out of its slumber, causing it to fast-track some of the much-need measures to ensure that investment does take place and corporate India continues to expand ops.read less read more