Finance Minister P Chidambaram?s call to India Inc to cut prices to induce consumer demand (?FM: cut prices, spur demand?, Nov 19) is realistic and worthy of consideration by Indian industry. In fact, the corporate world is in dire need of more consumption. The growing middle-class is the engine that spurs India?s domestic consumption level. It is only through attractive and discounted rates that manufacturers can woo consumers in larger numbers. The minister?s readiness to cut excise duty rates wherever it is necessary to beat the industrial slump can also be called a pragmatic stand.
P Senthil Saravana Durai Hyderabad
Don?t distort
Considering the market size and investment scale, logic dictates that India can?t have rules that distort mobile telephone market (?Trai again?, Nov 21). You can?t have the cake and eat it, too.
J Anand Menon Kochi