India is a difficult place to attract large amounts of FDI
Who could have said this? Surprisingly, the Finance Minister of the country! And may be his bureaucracy is to blame to a large extent. Here is what the FM said at the 21st India Economic Summit:-
We attract only a fraction of FDI
India is a difficult place to attract large amounts of FDI
There has been some rethinking on this. We have opened a few doors and need to open a few more to attract FDI
It is only through this that we can take advantage of a young and educated workforce that will only grow
What we lack is the killer instinct. We are efficient, while China is ruthlessly efficient - P. Chidambaram
Until tomorrow with more DDT
Have a nice day.
Mail your comments to vijaywrite@taxindiaonline.com