Now, Obama advises India to bring economic reforms

US President Barack Obama expressed concerns over deteriorating investment atmosphere in India and advised to endorse another wave of economic reforms. As per Mr Obama many American business community find it hard to invest in India due to limits india has imposed on foreign investments in several sectors like retail. Although he abstained from prescribing specific solutions, he suggested to bring another wave of economic reforms to make india more competitive and investment friendly.

Month: Current Affairs - July, 2012