The Government says, surge in foreign capital inflow is not a cause of concern at present and no specific action is required to arrest it. Talking to reporters in New Delhi today, the Finance Secretary Mr. Ashok Chawla said that FII's inflow into securities market have turned positive and they bought stocks worth around 75,000 crores this fiscal. Last year, they had taken out over 37,500 crores from the Indian Stock Market. Mr. Chawla said Finance Ministry, SEBI and RBI are monitoring the situation closely. Mr. Chawla's statement has come amidst growing call for action by exporters as the appreciating rupee has hit their competitiveness at a time when they are already reeling under global meltdown.