Question

what steps have been taken by the government to attract foreign investment? class x​

Answer 1

Answer:

Government attracts foreign investment in the followings ways

(i) Special Economic Zones have been set up to have world-class facilities such as cheap electricity, roads, transport, storage, etc.

(ii) The companies set up their units in SEZs which are exempted to pay tax for initial period of five years.

(iii) Labour laws are made flexible.

(iv) Instead of hiring workers on a regular basis, companies hire workers flexibly for short period when there is intense pressure of work.

Answer 2

1. Special Economic Zones are being set up.
2. 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.
3. 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.
4. 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