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    <title>Text of the Speech of the Union Finance Minister Shri P. Chidambaram at the Second South Asian Diaspora Convention in Singapore Today</title>
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    <description>The speech frames diaspora investment as central to meeting India&#039;s extensive infrastructure and industrial financing needs and links investment attraction to macroeconomic stability-fiscal consolidation, manageable current account deficits, moderate inflation and resilient exchange rates. It identifies available investment instruments (government securities, corporate bonds, mutual funds, infrastructure funds, disinvestment equity, ETFs, project-level strategic stakes) and remittance/deposit channels such as the FCNR(B). Institutional facilitators (Ministry of Overseas Indian Affairs, OIFC, Global Advisory Council, Invest India) and the legal statuses of NRI, PIO and OCI, with their investment parities and restrictions, are summarized as investor-enabling mechanisms.</description>
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    <pubDate>Thu, 21 Nov 2013 13:07:42 +0530</pubDate>
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