As regards foreign investment, I said we have our own priorities and cannot open up so others can exploit us...Cutting red tape is one aspect of liberalisation, inviting all multinationals across the world is another thing. What I aimed at was a model of more internal competition, but resisting foreign capital. (V. P. Singh)

As regards foreign investment, I said we have our own priorities and cannot open up so others can exploit us...Cutting red tape is one aspect of liberalisation, inviting all multinationals across the world is another thing. What I aimed at was a model of more internal competition, but resisting foreign capital.

V. P. Singh

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