Industry, must try to lower real-interest rates...

Government-spending on infrastructure is concerned because without transport, roads and railways, producers will find it difficult to create demand for their products, they cannot reach each other....” if they are unable to supply, they would be unable to create demand.... Moreover another factor which creates demand is wages/income, beside supply... But, both culminate in higher growth-rate...   education and skills, intangible infrastructure, are also a sine-quo-non for a sound industry and a sound life... The more educated and skilled you are, the more the ways you can make your life good with others equally productive which is measured in numbers, the number of zeros in your pay-check... The more you earn the more you pay taxes... And this is the raar between capitalists and the government that if they pay higher taxes they should be given priority in benefits.... the government should favour rich... a long-time battle... They have a indirect control over the monetary and fiscal-policies... But, the capitalists in INDIA are unaware of the real gains, real-interest-rate in this scenario... They are even lower in case in savings... Inflation has kept the value of debt low in real terms and if the industry increases its expenditure, now, it will stoke more inflation; means lower value of debt... Industry has the (this) power...  The industry can always offset the effect of higher interest-rate by investing more and generating more inflation... We must try...