Pranab Mukherjee prepares for US visit to sell India story - Economic Times

WASHINGTON, DC: In a few days, finance minister Pranab Mukherjee will arrive in the US capital on a trip that is being billed as a major effort to reassure foreign investors about India's continued medium- and long-term viability as an investment destination.

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It is not going to be an easy task, with the India story having lost some of the lustre lately, and a dip in growth rate, the growth of 7.8% in first quarter this year was the lowest in five quarters. From an international investor's perspective, despite relatively strong fundamentals, there's a long list of worrisome issues. That includes an inflation that continues to linger. The immediate reaction of the private sector to RBI decision to increase interest rates has not been positive. The unending saga of high-profile corruption cases, which have dented the image of the government of Prime Minister Manmohan Singh , is another one.

Pranab Mukherjee prepares for US visit to sell India story - Economic Times