Indian corporate investment is characterised by low R&D intensity and concentration in real estate-linked, regulated, or quasi-monopolistic sectors with a relative lack of willingness and appetite to invest towards long-term risk absorption and become globally competitive, according to the Economic Survey.
In a society undergoing rapid structural change, the private sector’s legitimacy will increasingly rest on its ability to marry commercial dynamism with a conscious contribution to nation-building, the pre-Budget tabled in Lok Sabha on Thursday said.
Citing historical records of instances in different parts of the world where business leaders and firms acted not merely as profit-seeking entities but as institutional partners in broader national projects at various stages, it said the Indian private sector needs to recognise its role in shaping social trust and institutional credibility.
The Survey said the Indian corporate sector operates “in a hybrid zone where rents are …​Indian corporate investment is characterised by low R&D intensity and concentration in real estate-linked, regulated, or quasi-monopolistic sectors with a relative lack of willingness and appetite to invest towards long-term risk absorption and become globally competitive, according to the Economic Survey.
In a society undergoing rapid structural change, the private sector’s legitimacy will increasingly rest on its ability to marry commercial dynamism with a conscious contribution to nation-building, the pre-Budget tabled in Lok Sabha on Thursday said.
Citing historical records of instances in different parts of the world where business leaders and firms acted not merely as profit-seeking entities but as institutional partners in broader national projects at various stages, it said the Indian private sector needs to recognise its role in shaping social trust and institutional credibility.
The Survey said the Indian corporate sector operates “in a hybrid zone where rents are … ​Latest News [ SOBAN NEWS: International and National ]
