STUDY OF FDI POLICY INFLOWS IN DIFFERENT SECTORS IN INDIA

Authors

  • Dr. Sanjay Tiwari Rekha Gupta PRINCIPAL& HEAD DEPTT. OF COMMERCE, NAVYUG ARTS & COMMERCE COLLEGE, JABALPUR

Keywords:

Abstract

FDI has been shown to play an important role in promoting economic growth, raising a country technology level, and creating new employment in developing countries. It has also been shown that FDI works as a means of integrating developing countries into the global market place and increasing the capital available for investment. Thus leading to increased economic growth needed to reduce poverty. Technological up gradation. Access to global managerial skill and practices utilization of human and natural resources, making Indian industry internationally competitive, Opening up export markets, Providing backward forward linkages and access to international quality goods and services the Indian Government has used many steps to attract more FDI. Especially in developing countries FDI inflows reached their highest level ever ( $ 500 billion)- a 21% increase over 2006. The least developed countries (LDC) attracted & 13 billion worth of FDI in 2007- also a record high (UNCTAD, 2008).

References

RBI (2012), Handbook of statistics on Indian economy http://www.rbi.org.in 2. Gupta, D, (2005) “Whither the Indian village” Economic and political weekly, February 2005

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Published

2016-05-31

Issue

Vol. 5 No. 6 (2016): MAY 2016

Section

Articles

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