Financial Daily from THE HINDU group of publications
Tuesday, Feb 14, 2006
Financial Daily from THE HINDU group of publications Tuesday, Feb 14, 2006 |
|
|
|
|
|
|
|
Opinion
-
Letters FDI and growth
The article `FDI may be harmful to economic growth' (Business Line, February 9) was enlightening and thought-provoking. India's growth story is different compared to China's. While India is embarking on productivity-led growth, China is achieving growth through expenditure. India with less amount of foreign direct investment than that of China has achieved around 80 per cent growth in gross domestic product. If it needs to achieve a growth rate of more than 10 per cent, it should start to improve its financial intermediation system. The access to credit at the right place and the right time is essential for development of entrepreneurship. R. Uppili Aranca, Arizona
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
More Stories on : Letters | Foreign Direct Investment
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|