The Year 2010 marked a fabulous period for India, as it was the second fastest growing economy in the world, only after China. That helped the poor nation to grab billions of dollars of fresh investments from foreign investors, but all that seems to be vanishing quite fast in the last three months.
Now the inflation is continuing to be very high , at over 15% as per Government reports given to Media on a weekly basis. Also there are more scams coming out almost every week from the present Government, which is making foreign investors wary.
Add to this the fear that the Fiscal deficit is already high and that could surge further in the coming months as exports would see a reduced pace of growth while imports may surge on high commodity prices. So expect foreign investors to flee India in the coming months, say a good percentage of independent global financial experts.