Are Foreign Direct Investments Facing a Decline in India?
Foreign Direct Investment which means the investment that is made by a person or a firm in any business interest situated in another country seems to be showing a new record in the financial year 2018.
However, according to a report, over the last fifteen years, the FDI flows into the country show that they do not have much to do with the political organization at the Centre. The United Progressive Alliance 2 (UPA-2) started off on a high note but later fell victim to ‘policy paralysis’ at the end of its duration.
However, it showed major declines in FDI inflows in two consecutive years, and also it saw a bounceback in FDI in its final year. The National Defence Academy (NDA) flagged off with 20% plus FDI growth rates in its first two years. Instead of bringing in reforms in GST, it ...