India...creating real assets

Govt clears 22 FDI proposals worth Rs 541 crThe government has cleared 22 proposals, including those of Yamaha and Nokia, that will bring in Rs 541.25 crore of foreign direct investment (FDI) into India.

These are all positive signs. FDI is always better than FII. FDI shows that companies are confident of investing in the country. This creates 'real' assets and employment. I will anyday prefer FDI inflow of Rs 1,000 cr to FII inflow of Rs 2,000 cr