An Overview of FDI in India 2020
Foreign direct investment is a critical driver of economic growth, however, its advantages do not end here- FDI equity inflows also brings in new technology, managerial knowhow, more employment, and better infrastructure. Above all, FDI is a great source non-debt financial resource for the economic development of the country. The government of India offers a favorable environment for foreign investors. Ever since the opening up the Indian economy in 1991, the centre has taken many steps to liberalize foreign direct…