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Letter to BS: FPI inflow of $3.8 bn in less than 3 weeks is unprecedented

It is a strong endorsement of our robust ecosystem including government policies

FPI
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The stimulus package announced by China and the optimism around the US-China trade agreement has further bolstered FPI sentiment towards emerging markets (EMs) as a whole

Business Standard
Apropos “Foreign fund inflow propels markets to 6-month peak, rupee to 2-month high” by Sundar Sethuraman and Samie Modak (March 12), the inflow of $3.8 billion in less than three weeks is unprecedented — something to be cherished and celebrated — and calls for dedicated efforts to sustain this kind of confidence of international investors in our country and our corporate world. It is a strong endorsement of our robust ecosystem including government policies. 

Arguably, the biggest boost to this has come from our measured, well thought out and strong response to the terrorist attack at Pulwama and consequently, global condemnation