http://www.samachar.com/showurl.htm?rurl=http://www.indianexpress.com/full_story.php?content_id=86536&headline=Why~US~can~buy~a~stake~in~India%E2%80%99s~growth,~but~Indians~can%E2%80%99t > America can buy a stake in India, but Indians can't. The excerpt below is from the link above: > "The worlds largest pension funds they move and shake stock markets everywhere are visiting India to explore equity investment options. But Indias pension bill is in a limbo because the Left opposes market participation. Evidently, foreign pension fund managers, including those who manage behemoths like the California State Teachers Retirement System and the Los Angeles Country Employees Retirement Association, are more willing to bet on Indias long term growth prospects than some of our politicians are. And remember these funds face, by Indian standards, extremely strict regulatory standards. So, their exploration of Indian equity markets is anything but fanciful."
