What is meant by foreign capital? discuss why it is needed for indian scenario?
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Foreign capital is something that is received from foreign sources. Foreign capital can be received by a country in various ways such as the foreign direct investment and foreign portfolio investment.
Foreign capital is necessary for any country especially for developing countries like India because the state government can't afford to provide the basic needs of the country with its own resources due to various reasons.
Hence, foreign capital has been playing a crucial role in the development of this country and it is also required for sustainable development in the future too.
Foreign capital is necessary for any country especially for developing countries like India because the state government can't afford to provide the basic needs of the country with its own resources due to various reasons.
Hence, foreign capital has been playing a crucial role in the development of this country and it is also required for sustainable development in the future too.
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