............Speaking at the seminar, RBI Executive Director G Padmanabhan said, "the Indian economy requires investment on a massive scale not only to sustain a high growth momentum, but also to create the physical and social infrastructure to fulfil the needs of one and a quarter billion aspiring Indians. India has a high rate of savings, but it is inadequate to meet the gargantuan investment needs of today." While on the subject of foreign investment, it is important to note ..............
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