New Delhi: India will have to create confidence among foreign investors that there are no barriers for them to invest in the country, Prime Minister Manmohan Singh on Wednesday said.

“To attract foreign capital, we will have to create confidence at the international level that there are no barriers to investment in India,” Singh said in his Independence Day address.

His statement comes against the backdrop of certain sections of foreign investors expressing concerns over the government moves such as retrospective amendments to the Income-Tax laws and the General Anti-Avoidance Rules (GAAR).