Emphasising that India has seen large number of reforms in recent years, urban development minister Kamal Nath on Thursday said that even a lull in activities is taken as paralysis since expectations from investors are too high.
Nath, who is leading the Indian delegation at the
annual
WEF meeting, also said that even the US or Europe would not have seen as many reforms that happened in India.
"India has had a large number of reforms in recent years and it would be largest for any country. No country has had as much liberalisation as India, be it the US or Europe," Nath said.
In response to a query on why not much foreign investments are coming into India's infrastructure and other sectors, Nath opined that "investors expect too much from India".
India expects to see about $1 trillion investments in infrastructure in the next five years.