Mark Mobious of Mobious Capital thinks that Sensex will soon touch the high of 1,00,000 points. Not only this, but he thinks that investment in Adani or any such companies is an investment in India!
Is it really so and that simple?
Truly speaking, yes. This is 100% correct. These companies are one of the three stakeholders of the Indian economy. Two other stakeholders are consumers/citizens and regulators/ government. It is the regulator's duty and responsibility to ensure that the interests of the two other stakeholders are taken care of while ensuring capacity and capabilities building in the economy. However, whenever there is any effort by the government to provide support to businesses, there are controversies. It's not a trend of the day but a historical fact! There is a political narrative out there that claims that the investment in companies, and particularly Adani, is corruption and perhaps a crime!
Shouldn't we invest more in our economy, even if it is in the form of government support or mass moral support? Shouldn’t we also have a mindset which has clarity that any investment in Indian companies is an investment in the Indian economy?
Is it really so and that simple?
Truly speaking, yes. This is 100% correct. These companies are one of the three stakeholders of the Indian economy. Two other stakeholders are consumers/citizens and regulators/ government. It is the regulator's duty and responsibility to ensure that the interests of the two other stakeholders are taken care of while ensuring capacity and capabilities building in the economy. However, whenever there is any effort by the government to provide support to businesses, there are controversies. It's not a trend of the day but a historical fact! There is a political narrative out there that claims that the investment in companies, and particularly Adani, is corruption and perhaps a crime!
Shouldn't we invest more in our economy, even if it is in the form of government support or mass moral support? Shouldn’t we also have a mindset which has clarity that any investment in Indian companies is an investment in the Indian economy?
Rajeev K Upadhyay
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