TDP in a spot over RBI's foreign investment comment

RBI Governor Raghuram Rajan's recent speech on economic situation in the country has triggered a debate in the TDP circles.

The main Opposition party YSRCP has been crying foul on Chandrababu saying the foreign jaunts spending huge amounts of public money are only meant to further the business interests of his coterie.
Addressing India's top corporates, Raghuram Rajan said India does not need to go out of the way to get foreign investors.
"If we make it easier for young companies to do business in India, it will create a transparent and quick system."
This statement has come as a major disappointment to the TDP chief who has been going after Singapore and Japanese investors seeking investments in Andhra Pradesh.
The RBI governor pointed out the need forencouraging the domestic investors.