Give your arguments in favour of F.D.I. for developing the Indian economy.
Answers
Explanation:
There are many ways in which FDI benefits the recipient nation:
Increased Employment and Economic Growth. ...
Human Resource Development. ...
3. Development of Backward Areas. ...
Provision of Finance & Technology. ...
Increase in Exports. ...
Exchange Rate Stability. ...
Stimulation of Economic Development. ...
Improved Capital Flow.
Answer:
Foreign Direct Investment (FDI) is the investment of funds by an organisation from one country into another, with the intent of establishing ’lasting interest’. According to OECD (Organisation for Economic Co-operation and Development), lasting interest is determined when the organisation acquires a minimum of 10% of voting power in another organisation. For instance: the act of an Indian company such as Ola opening another headquarters in Sydney, Australia will be considered as bringing FDI into Australia.
There are many ways in which FDI benefits the recipient nation:
1. Increased Employment and Economic Growth
2. Human Resource Development
3. Development of Backward Areas
.. hope this helps you ..