INDIA’S FOREIGN DIRECT INVESTMENT: CURRENT STATUS, ISSUES AND POLICY RECOMMENDATIONS
Journal Title: UTMS Journal of Economics - Year 2010, Vol 1, Issue 2
Abstract
Foreign Direct Investment (FDI) as an important driver of growth. It is an important source of non debt financial resources for country for economic development. Besides it is a means of achieving technical knowhow and employment generation of employment. However, many are of the view that FDI is a big threat to sovereignty of host and domestic business houses. Faster exploitation of natural resources for profit may deprive host from such resources in long run. Midst of debate on pros and cons of FDI, world economy has observed a phenomenal change in volume and pattern of FDI. There is clearly an intense global competition of FDI. India is not behind this global race of attracting foreign investment. India emerged as an attractive FDI destination in services but has failed to evolve a manufacturing hub which has greater economic benefit. FDI though one of the important sources of financing the economic development, but not is not a solution for poverty eradication, unemployment and other economic ills. India needs a massive investment to achieve the goals of vision 20-20. Policy makers need to ensure transparency and consistency in policy making along with comprehensive long term development strategy.
Authors and Affiliations
Mohd. Shamim Ansari, Mukesh Ranga
Keywords
Related Articles
- EP ID EP273570
- DOI -
- Views 189
- Downloads 0
THE OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SERBIAN HOTELS
This article analyses the development in Serbien tourism sector during the last decade. The article is focused on the ownership structure and company performance in the light of corporate governance theory and the actuel...
ECONOMIC CRISIS IMPACT ON CHANGES IN INTERNATIONAL FINANCIAL NSTITUTIONS OPERATING
The emergence and deepening global economic crisis is in large part reflected in the operation of international financial institutions and their current structure. Long-term financial crisis has increased demands for dec...
ACCURACY IN RISK ESTIMATION BASED ON SIMPLE SMA AND EWMA MODELS: EVIDENCE FROM MACEDONIAN STOCK MARKET
Risk estimation or volatility estimation at financial markets, particularly stock exchange markets, is complex issue of great importance to theorists and practitioners. Models used to estimate volatility forecasts are tr...
CONCEPTUALIZATION AND CLASSIFICATION OF BALNEO, SPA AND WELLNESS ESTABLISHMENTS IN BULGARIA
This paper analyzes the origin, the process of development and consolidation of the health, SPA and wellness tourism in different regions of the world as well as in Bulgaria. Special attention is paid to the etymology of...
VALUATION AND INVESTMENT PROFESSION
Investment professionals, particularly financial analysts or security analysts evaluate securities and try to determine characteristics of securities and to identify mispriced securities. For that purpose they use differ...