How does Government attract foreign investment?
please answer fast urgently needed please plz plz plz nd don't give irrelevant answer otherwise I will report
Answers
Answered by
12
Answer:
labour cost ,infrastructure quality, company taxes, innovation economic growth. OK hope its help u OK...
Answered by
6
Answer:
THE Central and the State governments Eire taking special steps to attract foreign companies to invest in India.
- Special Economic Zones are being set up.
- Special Economic Zones are to have world class facilities in the field of electricity, water, roads, transport, storage recreational and educational facilities.
- Companies which set up production units in the SEZs, do not have to pay taxes for an initial period of five years.
- Government has allowed flexibility in the labour laws. In recent years, the government has allowed companies to ignore many of rules and regulations.
- Companies can hire workers for short periods when there is intense pressure of work. This is done to reduce the cost of labour for the company.
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