Why does indian government try to attract more foreign investment?
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i)it helps in improving the financial condition of the people by accelerating growth of the economy .
ii)foreign investments create new job opportunities in the country directly as well as indirectly in support services like transportation .
iii)the government games additional taxes by texting the profits made from foreign investment .
HOPE THIS HELPS U!!
ii)foreign investments create new job opportunities in the country directly as well as indirectly in support services like transportation .
iii)the government games additional taxes by texting the profits made from foreign investment .
HOPE THIS HELPS U!!
Anonymous:
nice answer
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Question: Why do governments try to attract more foreign Investments?
Answer: Governments try to attract more foreign investments for the following reasons:
It provides the necessary capital for undertaking economic activities, which would in turn boost the GDP growth...
It leads to increased employment opportunities...
It provides the required tax income for the government...
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