Question

write all step to attract foren investment.​

Answer 1

Answer:

The steps taken to attract foreign investment are:

• Allowing the foreign companies as tax free for the first five years in the industrial zones.

• Industrial zones called SEZs(Special Economic Zones) are set up with world class facilities.

• Allowing flexibility in labour laws.

Hope it helps.

Answer 2

Number of steps have been taken by the government to attract foreign investments in India. These are: # Industrial zones, called the Special Industrial Zones (SEZs) have been set up. These have world class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.

• To establish a level-playing field between Indian private sector and the public sector, the anomalies in excise duty/ custom duty have been removed. As per the revised policy, all Indian industries (public and private) are subjected to the same kind of excise and custom duty levies.

• Preference to 'Buy (Indian)', 'Buy & Make (Indian)' & 'Make' categories of acquisition over 'Buy (Global)' category, thereby giving preference to Indian industry in procurement.