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Let me hear them, says Finance Minister, on foreign investors affected by surcharge

HOLDING out hope for foreign portfolio investors (FPIs), Finance Minister Nirmala Sitharaman Saturday said she was willing to listen to them, and it was wrong to interpret that the government was against foreign investors. So, when this impact was brought to our notice, and a lot of people did speak about it — one of the options was to register as companies. ” Opinion | Unconstitutional and unrealistic Speaking on a broad range of issues including falling demand in rural India as reflected in tractor and commercial vehicle sales and little to no signs of revival in private investment, the Finance Minister said she was keeping a close watch on what is happening. The Finance Minister said she needed to be cautious while looking at the specific development in each sector. “This whole DBT-based transfer of entitlements to those who need to get it and get it instantly, being enabled by technology, was one very big way in which we’re pushing money into the hands of people,” she said.

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