India has no plan to change rules for foreign investors: Economic adviser

India intends to be friendly to foreign investors and to continue with the existing policies, Chief Economic Advisor Raghuram Rajan said on Wednesday. “The broader point is India intends to be friendly to foreign investors and not change the rules of the game on them,” Mr Rajan said in a video conference held with more than 300 investors in Singapore. Speaking at the seminar on the Indian budget, which was organised by the High Commission of India in Singapore and SMU, he acknowledged India’s massive investment requirements but said that it would be made through the private sector.

Press Trust of India