Abandoned investment intentions rise 7.21% to Rs 7.88 trn during Apr-Sep

However, the investment dropped has increased. There is hence a mixed picture here", a report by CARE Ratings noted

Abandoned investment intentions across the country have rose 7.21 per cent to Rs 7.88 trillion during April-September of FY19 over the comparable period of last fiscal. The value of dropped investment intents is despite the growth in fresh investment proposals by 9.13 per cent to Rs 4.56 trillion, data by the Centre for Monitoring Indian Economy (CMIE) showed.

“Data shows intentions  by  way  of  announcements  have  been  positive  in  terms  of  a  larger volume  being  reckoned  as  has  been  the  case  with  the  investment  revived  during  this  period.  However,  the  investment dropped has increased. There is hence a mixed picture