Foreign Capital Inflows Should Be Useful: Sitaram Yechury
  • Elizabeth George
  • Oct 09 2013

October 9: Denying the anti-reform tag, Sitaram Yechury, Rajya Sabha MP and CPI(M) Politburo Member, says we already have a vibrant domestic market that will attract foreign capital. “Indiscriminate opening of economy to foreign investment offers short-term returns instead of building sustainable aggregate demand,” he says. Yechury also explains the 3 roles foreign capital should fulfill and how public investment is the key to boost industry and economy.