Question

hlo ..... jhanvi 07 here please .... don't spam.....its urgent
what steps have been taken by government to attract foreign investment ​

Answer 1

On june,1966 prime minister of India ( Indira Gandhi ) devaluate our currency. Due to which foreinerz get more money in exchange of their currency which led to high investment.

Governmet also give special provisions such as reduction in tarrif or subsidies on electricity for sometime , if they develop industry in backward area or Special Economic Zone (SEZs).

The government has also allowed flexibility in the labour laws to attract foreign investment. The companies can now lower workers ‘flexibly’ for short period when there is intense pressure of work. This is done to reduce the cost of labour for the companies.

Hope it helps...