Dr.T.V.Gopalakrishnan , Mumbai , says: Yes. High FII inflows will sustain in the calendar year just for the reason that the economic growth will be around 7% despite all the constraints and it is attractive. Once the elections are over and the political stability returns,the economy can perform well.Inflation will be brought under control by March 2012 and the budget is expected to be investment and production oriented as the Govt has no other alternative but to bring fiscal deficit under control.The climate is very conducive for FIIs to continue to invest in Indian market by any reckoning.
30 Jan 2012, 1759 hrs IST
(This appearted et ET dated 30/01/12)
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