FPIs ignore K-shape.

"Rejecting the claims of economists and 'intellectuals', Finance Minister Nirmala Sitharaman said that those who say the Indian economy is witnessing a K-shaped growth post-Covid-19 pandemic are not paying heed to on-ground realities." ET. Why such contempt for intellectuals? "A K-shaped recovery is one wherein certain sectors of the economy may witness robust expansion, while others persist in their downward trajectory." In such growth, the rich get richer and the poor get poorer. "Foreign Portfolio Investors (FPIs) have injected over Rs 198 billion in the country's debt market in January," and "Overall, the total FPI flows for 2023 stood at Rs 1.71 trillion in equities and Rs 686.63 billion in debt markets." "India's inclusion in the JP Morgan Government Bond Index - Emerging Markets Global Diversified will happen in June 2024, and, according to estimates by analysts, could lead to inflows of $20-25 billion into the country over a year." However, what floods in can flood out. "Redemption pressures, when it comes from a bunch of investors rather than just a few and when it is related to events happening in the global economy, can lead to a 'herd effect'. What started with just a few investors can end with almost all investors stampeding to the exit at the same time," Mint. "The government expects fiscal deficit to be 5.1% of the gross domestic product (GDP) for the financial year 2024-25 (FY25)," according to the interim budget presented on 1 February. "Her (FM) budget justified her hope of a better credit rating for India." "However, rating agencies are still not pleased. Global rating agencies, Moody's, Fitch and S&P have the lowest investment grade rating for India with a stable outlook." ET. "US Ambassador to India, Eric Garcetti, voiced concerns at an industry gathering about India's challenging business climate and unclear regulations, pointing out that these issues are diverting foreign investments towards Southeast Asia, particularly Vietnam." TN. That's because of the obsession for total control of all Indians by the politicians and civil servants. And, Vietnam is a communist country. For another communist country, "Data from the General Administration of Customs of the People's Republic of China (GACC) shows that in January to November 2023 period, India's trade deficit with China stood at $90.27 billion." The Print. "It is 'crazy' that China, a communist country, was an easier place to invest in than India which is a democracy," said former Prime Minister of Australia Malcolm Turnbull. Listen to the foreigners. They can dare to speak the truth. Citizens are terrified of the government.