Question

Explain any three steps taken by the Indian Government to attract foreign investment. ​

Answer 1

Answer:

In the recent years, the Indian Government has taken special steps to attract foreign companies to invest in India:

(i) The government has set up industrial zones called special Economic Zones (SEZs). SEZs provide world class facilities – electricity, water, roads, transport,storage recreational and educational facilities.

(ii) Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years.

(iii) The government has also allowed flexibility in the labour laws to attract foreign investment.

Answer 2

Answer:

In the recent years, the Indian Government has taken special steps to attract foreign companies to invest in India: (i) The government has set up industrial zones called special Economic Zones (SEZs). ... (iii) The government has also allowed flexibility in the labour laws to attract foreign investment.

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Explanation: