Asserting that he has no worries as of now on capital flows, Finance Minister Pranab Mukherjee has said the Government would have to take steps if they go beyond a point.
"Up till now I am not very much worried over it because our current account deficit can absorb the type of flows which is taking place," Mukherjee told Indian media.
"But if it goes beyond a point and if we find that we do not have that absorption capacity then we should have to take the step. But that stage has not yet come," he added.
The Finance Minister was responding to a question about the recent trend in capital flows in the world.
"There are various options. I can
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.