Financial Daily from THE HINDU group of publications
Wednesday, Feb 15, 2006
Financial Daily from THE HINDU group of publications Wednesday, Feb 15, 2006 |
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Opinion
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Letters FDI and the economy
This is with reference to, "FDI may be harmful to economic growth," (Business Line, February 9). The article is an eye-opener and proves how little knowledge can create misconceived notions. The author has pointed out how domestic saving is a better and more reliable fuel for economic growth. And also that higher FDI does not essentially lead to growth. Since the Sensex is believed to be a barometer of the economy, it shows that there is no linear relationship between FDI and economic growth. Ritesh
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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