Have faith, invest in democracy: PM
Prime minister Manmohan Singh urges global investors to remain engaged and committed in India, adding that the stock markets were sending positive signals, reports Gaurav Choudhury.business Updated: Oct 30, 2007 02:29 IST
Prime minister Manmohan Singh on Monday urged global investors to remain engaged and committed in India, adding that the stock markets were sending positive signals.
“Be it FDI, investments in our stock markets or investments in knowledge economy, the signals are all positive. We will work to keep these positive,” Singh said, inaugurating the Fortune Global Forum in New Delhi, attended by leading bankers and CEOs.
Singh said, “I know very well that investment is an act of faith. It is shaped by perceptions, by expectations and by all uncertainties of life. I invite you to have faith in India. I assure you that your faith will not be misplaced.”
“All those who invest in India, who invest in its future, who invest in India’s prosperity and who invest in the capability of the Indian people will be investing in the future of democracy,” the PM said, asserting that no policy reform has ever been reversed in India.
First Published: Oct 30, 2007 01:25 IST