FDI welcome, but govt keen on country's security
Union Minister Ravi Shankar Prasad on Tuesday said foreign investments and innovations are welcome but at the same time
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New Delhi: Union Minister Ravi Shankar Prasad on Tuesday said foreign investments and innovations are welcome but at the same time, the government is focussed on promoting Indian innovation as well as keen on the country's safety and security.
Speaking at the India Mobile Congress 2020, the IT and Telecom Minister said that IT and communications sectors have registered over 7 per cent growth and received one of the highest Foreign Direct Investment (FDI) even during the challenging time of Covid-19.
"We are not against FDI, we are not against foreign innovative minds. They are most welcome, FDI is 100 per cent automatic... foreign capital is welcome, foreign innovation is welcome, but we are equally keen that safety and security of the country is also important," he said. He emphasised that digital technologies have to be safe so that "vested interests, extremists may not abuse it" and added that they must also be sustainable. (PTI)
