Round-tripping FDI

Posted: Wednesday, Jun 05, 2002 at 0000 hrs IST
Updated: Wednesday, Jun 05, 2002 at 0000 hrs IST

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14 FDI proposals worth Rs 826 crore cleared

: countries as is popularly believed. Even so, the fact remains that the absolute level of FDI into China is still 2.5 times more than India’s. The moral of the story is that India’s numbers have to be brought in line with IMF standards. The current official underestimates of $2-3 bn are not in sync with ground realities....

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Round-tripping FDI

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