Government has urged the Indian diaspora to invest in the country under public-private partnership model. Addressing the valedictory function of the 8th Pravasi Bharatiya Sammelan in New Delhi this evening, the President, Mrs. Pratibha Devi Singh Patil said that the infrastructure financing need of the country will be over 500 billion US dollars in next five years. <br/><br/>Asking the overseas community to participate and benefit in India's growth story Mrs. Patil said that India is the most preferred investment destination in the world as it has a strong capital market regulator and a strong central bank. <br/><br/>She said that India posted a growth of 6.7 per cent last fiscal and this will reach over seven per cent this year. In the post crisis world, India is increasingly perceived as one of the main engine of growth and a safe destination for investment. It is also an emerging educational and technological hub.<br/><br/>Giving details of remittances from overseas Indians, the President said that it has reached over 50 billion US dollars last year, which is highest in the world. Out of this, 20 billion US dollars come from Gulf. She said, the Indian Community Welfare Fund established in 18 countries will provide timely help to overseas Indians in distress.<br/> <br/>The President said that Government is strongly taking up issues of protection and security of Indians, particularly students, with countries where they live.