New Delhi: India is not re-thinking on the issue of allowing Chinese investments into the country, Trade Minister Piyush Goyal said on Tuesday.
Earlier in July, India’s Chief Economic Adviser V. Anantha Nageswaran said New Delhi should focus on Foreign Direct Investments from China to boost its exports and help keep India’s growing trade deficit with Beijing in check.
The economic survey recommendations are not binding on the government, Goyal said.
India’s Finance Minister Nirmala Sitharaman, however, had backed Nageswaran’s suggestion to allow more Chinese investment into the country.
(Reporting by Manoj Kumar, writing by Swati Bhat, editing by Sudipto Ganguly)
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