FDI And Economic Growth In India
The capital inflow of FDI allows strengthening infrastructure, increasing productivity and creating employment opportunities in India. FDI also acts as a medium to acquire advanced technology and mobilise foreign exchange resources. FDI provides a favourable economic environment for the development of the Indian economy. FDI helps Indian economy in more ways than one, some of which are mentioned below: FDI helps in balancing international payments. It boosts development in various fields. FDI helps to generate greater employment opportunities for the…