Gujarat incidents will not affect FDI flow: Sinha
Union Finance Minister Yashwant Sinha on Sunday allayed fears that the Gujarat incidents would cast a shadow on prospective foreign investment flow into India.
At this moment of time, investors should bear with us and not run away from India, Sinha said on the sidelines of a seminar on combating terrorism in Delhi while reacting to queries of a decline in FDI in the wake of the Gujarat carnage.
Former finance minister and opposition leader Manmohan Singh had said that the Gujarat incidents would be a dampener to FDI flow into India in the coming months.
"After the September 11 terrorist attacks, the entire international community stood beside the United States. Even the World Economic Forum meeting was shifted from Davos to New York. The need of the hour for investors is to stand beside us and not run away," Sinha said.
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