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FDI flows to India up, fund outflows concern: Pranab

Flows of foreign direct investment to India are better than last year, finance minister Pranab Mukherjee said on Friday, but warned outflows of portfolio investments were a matter of concern.

Updated on: Dec 2, 2011, 10:41:50 IST
Reuters | By , New Delhi
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Flows of foreign direct investment to India are better than last year, finance minister Pranab Mukherjee said on Friday, but warned outflows of portfolio investments were a matter of concern.

Mukherjee said the government's move to allow foreign investment in supermarkets was needed to keep India's growth rate high.

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