MAKE IN INDIA A BOON OR A BANE FOR FLOW OF FDI
Journal Title: IMPACT : International Journal of Research in Humanities, Arts and Literature ( IMPACT : IJRHAL ) - Year 2019, Vol 7, Issue 2
Abstract
India being a developing nation is attracting many investors to increase its production capacity and to attain economic self-sufficiency. Foreign Direct Investment flows in the form of capital, technology and human resources (skills) which plays a pivotal role in the global economy. The Indian Government’s ‘Make in India’ initiative is to make India a manufacturing hub and thereby to reduce import from other countries. Exploiting this opportunity, many MNCs are investing in India. But, this initiative has affected the local producers and investors because they cannot compete with MNCs which are adopting advanced technology and skilled human resource. In this scenario, the question is whether making in India initiative is really helping India to grow globally. In order to compete in the global market, we should not neglect the interest of our local producers and investors. To encourage the flow of FDI, Make in India is a good initiative but as we know everything will have two faces, this initiative should not give significance to foreign investment at the cost of our own people. The research paper throws light on the impact of making in India initiative on the free flow of FDI and merits and demerits of FDI on Indian economy.
Authors and Affiliations
Gayathri Bai. S
Keywords
Related Articles
- EP ID EP473063
- DOI -
- Views 82
- Downloads 0
LIBRARY EFFECTIVENESS AND CREDIBILITY WITH REFERENCE TO NATIONAL ASSESSMENT AND ACCREDITATION COUNCIL
An attempt has been made to evaluate the library effectiveness and credibility based on indicator of National Assessment and Accreditation Council for library. Library being hub for all the departments, students and facu...
Leper Asylum Inpurulia and the German Missionaries: A Case Study
Chotanagpur plateau, especially Purulia was a fertile land of the Lepers. It is a matter of sadness that the history of leprosy and its interaction with human being is one of suffering and misunderstanding. This disease...
ARUN JOSHI’S THE STRANGE CASE OF BILLY BISWAS: A SPIRITUAL ODYSSEY
Arun Joshi’s The Strange Case of Billy Biswas is a satire on the modern materialistic world where man finds trapped in the clutches of phony glitter of the outward world. He seems to give a clarion call as what the Roman...
The Impact of Indian Investor’s Attitude on Regret Aversion
The regret aversion is one of the investor’s psychological subject to study. Investors have a tendency to avoid regret that will have a powerful effect on an investor’s decision to mark financial decisions. Similarly reg...
The Divided Identities in the Gossamer Fly and Last Quadrant by Meira Chanda Postcolonial Study
Human beings live and progress in societies. Primarily, he is bound to family, which is a miniature society. The societies, in which one is a member, help and influence the formation of one’s identity. Change of societie...