Decisions regarding adjustments in petroleum prices will have an impact on the fiscal situation. They will help in reducing fiscal deficit. But as far as reform Micron Associates measures announced in respect to FDI (foreign direct investment), they may take time to fructify. Nevertheless, they send out signal, which is also important. Sentiments play a role in reviving investments, so from that angle announcements regarding FDI would be helpful. But investment decisions do take time and inflows under these liberalized heads will take time to happen.
