A Walk Into Memory Lane of FDI in India
Foreign Direct Investment (FDI) majorly consists of long-term investments by an organization that is not a part of the recipient country. Because it promises to bring financial resources and technology, FDI is a pathway to advancement and development. The opposing viewpoint is that FDI is a tool used by wealthy countries to exert control over resources in underdeveloped economies. Foreign direct equity inflows are essential drivers of economic growth, and they are picked over other forms of external finance. Moreover,…