How the IBC may postpone the capex revival
We need a capex recovery to accelerate economic growth but the overhang of stressed assets being put on sale could be a acting as a hurdle
May 03, 2019 / 08:47 AM IST
Where is investment demand when you need it? The consumption story appears to be taking a pause and it could do with some help from the investment cycle. Every economist has pointed out that we need capex for accelerating growth.
Sure, the infrastructure sector has been doing its bit, what with the government throwing its weight behind it. But that’s not enough. The private sector’s capex recovery is nowhere near robust. What's more, a new obstacle may be blocking the path...