India Inc looks to FM Singh to lift sentiment (FE, June 28). Calling for reviving the animal spirits in the economy, the PM has sought to reverse the climate of pessimism, remove policy bottlenecks and ease capital flows. This has raised hopes on withdrawal of retrospective amendment to tax laws, raising FDI cap in insurance, multi-brand retail, speedy clearance to projects, etc. This is the best opportunity for him to act. A last chance on his part may just save the UPA.
Jacob Sahayam, Thiruvananthapuram