Get Down and Shruti • 8 implied HN points • 09 Apr 24
- Despite the positive claims about India's economic growth, there's a mismatch between the hype and actual investment. Many business leaders are cautious and not investing as expected.
- Gross Fixed Capital Formation (GFCF), which shows how much is being invested in long-lasting assets, has been low during Modi's years. This suggests businesses might not feel confident about the economy.
- Uncertainty from changes in policies and regulations makes businesses hesitant to invest long-term. A stable rule of law is crucial for encouraging investment and economic growth.