Animal spirits revival: When will private capex roar again?
An RBI report on the state of India’s economy points to conditions being in place for a private capex revival. But we have seen many stirrings that flattered only to deceive. This time, let’s hope it plays out. As a Keynesian policy push winds down, animal spirits are what we need.
An RBI report on the state of India’s economy points to conditions being in place for a private capex revival. But we have seen many stirrings that flattered only to deceive. This time, let’s hope it plays out. As a Keynesian policy push winds down, animal spirits are what we need.