Letter to BS: Indian economic interests cannot be compromised for FDI

Our policies should not be overridden by political and economic interests of other countries

This refers to your article "Govt counters UNCTAD on FDI" (June 9) in your Kochi edition. There is no doubt that lack of uniformity of a period under comparison would lead to discrepancies in interpretation of decline and growth in Foreign Direct Investment (FDI) between UNCTAD and the government. Such a portrayal will overlook our highest growth in seven quarters during the period between January and March 2018. The official statistics quoted by the International Monetary Fund (IMF) reflect this fact. Statistics apart, the ease in policy stance to encourage inflow of Foreign Direct Investment(FDI) into the economy will ensure