Govt mulling ways to boost capital inflows: finmin official

Govt mulling ways to boost capital inflows: finmin official

New Delhi: The government is looking at various ways to boost capital inflows, including reducing the lock-in period for foreign institutional investors (FIIs) in some infrastructure bonds, a senior finance ministry official told reporters on Friday.

Foreign funds have sold $300 million of Indian shares so far this year, in sharp contrast to record investment of more than $29 billion in 2010, and 30-share benchmark index is down more than 23%, making it the worst-performing major global market this year.

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